Trade Liberalization and the Multinationals

Trade Liberalization and the Multinationals PDF Author: D. G. McFetridge
Publisher: Economic Council of Canada
ISBN:
Category : Business & Economics
Languages : en
Pages : 82

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Book Description
This study investigates the extent, nature and determinants of changes in the location and organization of production by multinational enterprises in recent years. The emphasis is on the changes experienced by U.S. multinationals and their impacts on Canada. In addition, the study reviews published econometric evidence on the extent and nature of the locational and organizational responses of multinational firms to changes in global markets and in technology. New evidence derived from surveys of U.S. foreign direct investment published by the U.S. Department of Commerce is also presented.

Trade Liberalization and the Multinationals

Trade Liberalization and the Multinationals PDF Author: D. G. McFetridge
Publisher: Economic Council of Canada
ISBN:
Category : Business & Economics
Languages : en
Pages : 82

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Book Description
This study investigates the extent, nature and determinants of changes in the location and organization of production by multinational enterprises in recent years. The emphasis is on the changes experienced by U.S. multinationals and their impacts on Canada. In addition, the study reviews published econometric evidence on the extent and nature of the locational and organizational responses of multinational firms to changes in global markets and in technology. New evidence derived from surveys of U.S. foreign direct investment published by the U.S. Department of Commerce is also presented.

Trade Liberalization in a Multinational-dominated Industry

Trade Liberalization in a Multinational-dominated Industry PDF Author: Linda Hunter
Publisher:
ISBN:
Category : Automobile industry and trade
Languages : en
Pages : 46

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Book Description
A theoretical model is developed and applied to the North American auto industry, motivated by the possibility of US-Mexico free trade. Special features of the model include (1) significant scale economies at the plant level, (2) imperfect competition among firms, (3) joint ownership of plants and production coordination across plants by each firm, (4) an (initial) ability of firms to segment markets, (5) a separate treatment of non-resident firms in determining oligopolistic markups. Using an applied GE model, we find that (A) the gains to Mexico are significant and the effects on the US and Canada are essentially zero following North American free trade if firms can continue to segment markets: (B) Because of the way that the North American multinationals determine markups, increased imports from Mexico do not result in a rationalization of US and Canadian production in the way it should if firms were strictly national. (C) Genuinely free trade for consumers (integrated markets) results in large gains for Mexico as the Mexican industry is forced to rationalize, while losses to the US and Canada are very small.

Multinationals in the New Europe and Global Trade

Multinationals in the New Europe and Global Trade PDF Author: Michael W. Klein
Publisher: Springer Science & Business Media
ISBN: 3642769918
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
After a decade of Eurosclerosis the EC is moving with renewed economic growth and increasing multinational investment toward a single European market under the heading "Project 1992". The creation of a single EC market creates dynamic adjustment needs and opens up new opportunities for international business in a period of intensified global competition and dramatic politico-economic changes. Since the mid-1980s Eastern Europe is undergoing a radical shift towards market-based economic systems -a difficult and fragile development so far which is further complicated by economic and political unification of Germany in central Europe. After the era of British and, later, U. S. leadership in multinational investment German and Japanese multinational companies are becoming more influential players worldwide. Firms from Germany playa special role because German unification of 1990 implies a bigger home market, but also the diversion of total investment activities towards the greater German home market. While the political divide of Europe has ceased to exist, the economic division is becoming more apparent, and it could indeed transitorily increase because the EC 1992 project primarily generates growth impulses in Western Europe, while systemic transformations in Eastern Europe reduce output growth in the short term.

Business Dynamics in North America

Business Dynamics in North America PDF Author: Rajagopal
Publisher: Springer
ISBN: 3319576062
Category : Business & Economics
Languages : en
Pages : 301

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Book Description
This book discusses the contemporary trade dynamics necessary for companies to grow competitively in the global marketplace, extending the conceptual and analytical foundations of international trade and economy in North America. This book examines the growth of international trade in North America during the pre-and post-North American Free Trade Agreement (NAFTA), and analyzes the complexities that occurred when the economic recession struck the global markets. It outlines applied tools and techniques for business projects to thrive in the competitive marketplace, and serves as a learning post and a think tank for students, researchers, and business managers operating in a global landscape.

Multinationals and Canada-United States Free Trade

Multinationals and Canada-United States Free Trade PDF Author: Alan M. Rugman
Publisher: Univ of South Carolina Press
ISBN: 9780872496255
Category : Business & Economics
Languages : en
Pages : 216

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Book Description


Global Corporate Strategy and Trade Policy

Global Corporate Strategy and Trade Policy PDF Author: Alan M. Rugman
Publisher: Routledge
ISBN: 1351401351
Category : Business & Economics
Languages : en
Pages : 178

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Book Description
At the end of the twentieth century, international business functioned in an environment dominated by the triad of economic power formed by the USA, Japan and the European Community. Multinational corporate strategies had to be formulated within the context of intense global competition between these three economic blocs. This book, first published in 1990, analyses the interplay between the trade policies adopted by the major powers and the competitive strategies of international corporations. With particular reference to trade relations between Canada and the USA, the effects of Japanese multinational dominance and the implications of European economic integration, this volume throws new light on the interaction between international business and government trade policies.

Multinationals and Industrial Competitiveness

Multinationals and Industrial Competitiveness PDF Author: John H. Dunning
Publisher: Edward Elgar Publishing
ISBN: 1845423410
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
This book provides an excellent overview of the changing relationship between multinationals and economic development as globalization has taken off, and substantially altered the conditions for catching up as opposed to falling behind. The authors move very effectively between the discussion of concepts that are crucial to understanding such changes, and various empirical evidence on foreign direct investment, trade, inter-firm relationships, institutional settings and competitiveness. John Cantwell, Rutgers University, US The globalisation of the world economy has undermined many of the old certainties regarding foreign direct investment flows. Dunning and Narula use the concepts of alliance capitalism and technological evolution to analyse recent trends in international business. They identify the challenges to government policymakers from regional integration, and the consequent intensification of political competition to attract high-technology investment. This masterful and incisive analysis brings great clarity to perplexing issues, and delineates a cogent industrial policy agenda for a globalised economy. Mark Casson, University of Reading, UK This book offers an important contribution to the contemporary debate on the role of multinational enterprises (MNEs) in economic development in an increasingly globalizing, knowledge-intensive and alliance-based world economy. Each of the chapters touches upon critical issues now facing the global economy. They also address the growing importance of innovative activities of firms in promoting economic development and industrial restructuring, as well as the role of FDI and cooperative agreements in furthering this goal. Emphasis is placed on the increasingly significant role of national governments in promoting the intellectual capital of their indigenous resources and capabilities, and of inter-firm collaborative alliances. Globalization and technological advances are reconfiguring the ingredients of the competitiveness of firms and nation states. They are emphasizing the increasingly important role of both private and social institutions as determinants of the success of corporations and of the economic development of societies. Covering a range of issues from economic development, alliance capitalism, government policies, regional integration and industrial development, this authoritative book will greatly appeal to academics and economists, especially those interested in international business and management.

Trade Liberalization and Poverty

Trade Liberalization and Poverty PDF Author: Neil McCulloch
Publisher: Centre for Economic Policy Research
ISBN: 9781898128625
Category : Business & Economics
Languages : en
Pages : 436

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Book Description
Openness to trade is a key element of economic policy; continuing extreme poverty in developing countries is a disgrace. This Handbook examines how concerns about the world's poor should affect our attitude towards trade liberalization. Part I draws on economic analysis and practical experience to construct a framework to analyse the links between trade liberalization and poverty. It shows policy-makers how to identify the critical features in their economies so they can ensure that the poor benefit from liberalization. Part II explores the reform of particular sectors -- agriculture, services, etc., and particular instruments of trade policy -- export subsidies, anti-dumping measures, etc. It presents an economic analysis of each type of reform, shows the likely outcome for the poor, and discusses the issue's status on the World Trade Organization's agenda. Book jacket.

Multinational Corporations and the North American Free Trade Agreement

Multinational Corporations and the North American Free Trade Agreement PDF Author: Michael J. Twomey
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 222

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Book Description
This study provides a timely and useful benchmark for analysis of the effects of the recently negotiated North American Free Trade Agreement on investment flows. It also presents a unified history of foreign investment in Canada, Mexico, and the United States over the twentieth century, stressing interactions among these countries and their changing policies towards inward and outward investment. Twomey analyzes economic theories of foreign investment from the perspectives of neoclassical economics and political science and places them in the context of the ongoing debate over neo-protectionist policies and the role of the United States in the global economy.

Suppliers to Multinationals

Suppliers to Multinationals PDF Author: Joseph Y. Battat
Publisher: World Bank Publications
ISBN: 9780821337462
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
Presents a set of papers that contributed to an Economic Development Institute (EDI) workshop on curriculum development. The workshop was created to reexamine the substance of EDI's curriculum and increase the institute's efforts to train project analysts. The papers cover substative issues in project evaluation, pedagogy, and EDI's general training strategy.