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In the last two decades, due to falling barriers to trade and investment, the world economic scenario has profoundly changed. Few rich countries (United States, Great Britain, France, Japan, Switzerland, Germany and the Netherlands) have been securing a substantial stake in worldwide production...
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Although export-oriented new ventures and the field of international entrepreneurship have received considerable attention by scholars during the last decade (Oviatt and McDougla, 2005), their potential economic impact has not been sufficiently analyzed yet. To the best of our knowledge, no...
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Standard trade theory relies on the assumption of long-run full-employment, thus implying that although trade can affect wage rates and change the sectoral distribution of employment, it has no effect on the overall level of employment. In the empirical literature, it is a controversial debate...
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