Hammoudi, Abdelhakim; Hatit, Wadii; Rouached, Lamia - In: The International Trade Journal 27 (2013) 1, pp. 36-62
We analyze the direct investment versus export decision of a multinational firm in competition with a potential entrant in a host country. We consider a workers' skills asymmetry between the host and the multinational home countries. We also give the multinational the possibility to train all...