What is the Place that Reserve Location Strategies of Multinational Corporations in Morocco?
Saïd TOUFIK, Saâd EL BAGHDADI

Abstract
The objective of this work is to discuss an issue in terms of articulation between the different characteristics of foreign direct investments FDI as they are done on a horizontal or vertical base. In this context, the investigations driven by MCI in 1998 and the World Bank in 2000 FACS, on the determinants of FDI in Morocco, show that multinational firms MNCs prefer for the most part vertical strategy. This is consistent with the exogenous multinationalization which teaches us that vertical direct investment takes place inside an economic area where the factor endowments differ from one country to another.

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