This paper shows the strategic aspects of international outsourcing in an oligopolistic market, if outsourcing is … and therefore, increase employment. Concerning the impact of taxation, we find that a lower consumption tax on output …

highlights the central importance of two financial factors: income on international investments and changes in the valuations of … those investments. We show how the characteristics of a country's international investment portfolio - the size of its … international asset and liability holdings, their currency denominations, their split between equity and debt exposures, and their …