Honda​ Motors' fundamental philosophy is​ "to build automobiles where we​ sell." This philosophy is reflected in the fact that more than​ 90% of all Honda vehicles sold in the U.S. are manufactured in North America. Based upon this​ example, Honda's preferred approach to foreign market entry is​ ________.
A. Direct investment
B. licensing
C. joint ownership
D. contract manufacturing
E. indirect exporting