New technologies gives us possibility to step to new, more automated, level and to guarantee bigger efficiency. It requires comprehensive perfection and stepping to higher level. The ability of human being to analyze and process information flows is quite limited and requires big time recourses,...

In the strategic trade policy literature, the firms typically make positive profits at equilibrium policy levels. We show that this is not always true when firms from the developed (North) and developing (South) countries compete in the Northern market. In particular, the South firm may be...