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This reissue (1988) is an attempt to explain the political sources and implications of the policies of one country toward an economic activity of critical importance in determining the nature and scope of the international financial system, the multinational corporation and economic interdependence: the flows of capital across national boundaries.

During the past few decades the global auto industry has concentrated into a small number of groups led by GM, Ford, Daimler-Chrysler, VW, Toyota, and Renault. The trend is of great political and economic significance because of the large size of the industry, its importance to the economic health of many countries, and its geographic spread around the globe. Many reasons are commonly cited when trying to explain this rapid corporate consolida...

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