Locally Self-injective Property of FI$^m$

In this paper we consider the locally self-injective property of the product FI$^m$ of the category FI of finite sets and injections. Explicitly, we prove that the external tensor product commutes with the coinduction functor, and hence preserves injective modules. As corollaries, every projective FI$^m$-modules over a field of characteristic 0 is injective, and the Serre quotient of the category of finitely generated FI$^m$-modules by the category of finitely generated torsion FI$^m$-modules is equivalent to the category of finite dimensional FI$^m$-modules.