Multinational firms and the theory of international trade

Markusen, James R.

Multinational firms and the theory of international trade Markusen, James R. - Cambridge The MIT Press 2002 - xxii, 440 p.

Despite the great importance of multinational firms in international economics, theoretical and empirical research on these firms has generally been conducted separately from that on international trade. In this book, James Markusen provides a comprehensive integration of the two fields. Drawing on twenty years of research, he focuses on the interaction of scale economies, trade costs, factor endowments, and imperfect competition. He analyzes decisions about whether to build or acquire a foreign plant separately from decisions about where to raise the financing.

9780262633079


International trade
International business enterprises - Management

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