This paper investigates the effects of multinational corporations on labor standards. We argue that the previous literature has failed to distinguish the different motives that encourage firms to become multinational. Therefore, we build a stylized model of segmented labor markets with...

This paper examines Foreign Direct Investment in the presence of labour unions. An oligopoly model is developed in which identical firms locate in a host country in order to export to a foreign country. These firms are unionised and compete with foreign firms on the foreign market. We consider...

This guide provides an analysis of past trade agreements, set within the context of developments in international economic relations. It shows that there can be gains from more trade and economic integration, but that there have also been losers.There are clear dangers to economic and social...