Is the maker of the “American Ale” truly the “Genuine Article,” or has the “King of Beers” lost its crown as the all-American beverage? Did the all-American dream came to an end on July 13, 2008, when Anheuser-Busch and the Belgian brewing company InBev agreed to a deal for InBev (a...

This paper show evidence that firms choose from a much larger set of internationalization modes than usually assumed in the international trade literature and that this choice is governed by similar selection processes than the one proposed by Helpman, Melitz, Yeaple (2004 AER). We rely on a...