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In recent decades, advances in information and communication technology and falling trade barriers have led firms to retain within their boundaries and in their domestic economies only a subset of their production stages. A key decision facing firms worldwide is the extent of control to exert...
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This chapter reviews the state of the international trade literature on multinational firms. This literature addresses …
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The rise of offshoring of intermediate inputs raises important questions for commercial policy. Do the distinguishing … features of offshoring introduce novel reasons for trade policy intervention? Does offshoring create new problems of global … policy cooperation whose solutions require international agreements with novel features? Can trade agreements that are …
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multinationals structure the international organization of their production. In particular, we explore how multinationals divide … down outsourcing into two types by distinguishing whether or not they involve technology sharing between the two parties … technology-sharing-outsourcing IPRs promote outsourcing of more complex goods to a destination country by guaranteeing the …
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