A Simple Theory of Multinational Corporations and Trade With a Trade-Off Between Proximity and Concentration (Classic Reprint) - Softcover

Inhaltsangabe

Explore how and why firms go global, balancing near-market presence with concentrated production to boost profits.

This clear, accessible guide lays out a two-sector model of multinational activity and shows how firms decide between exporting and building production abroad. It connects ideas from trade theory and the strategy of multinational enterprises to explain patterns in real-world markets, including automobiles and electronics.

- Learn how proximity to customers and scale economies shape where firms invest.
- See how transport costs and product variety influence whether to trade or to produce abroad.
- Understand different market configurations, including single-plant and multi-plant strategies, and how they affect welfare and trade.
- Discover implications for policy, business strategy, and regional economic integration.

Ideal for readers of economics, international business, and policy discussions about globalization and trade.

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