Despite their common roots, international economics (IE) and international business (IB) have developed into two distinct fields of study. Economists have directed their efforts at formalizing the workings of international trade and investment at the macroeconomic level; business scholars have...

Intro -- CESifo Seminar Series -- Contents -- Series Foreword -- Introduction: Firm Heterogeneity, International Economics, and International Business -- I Firm-Specific Advantages -- 1 International Business Theory for International Economists -- 2 Exports versus Foreign Direct Investments:...