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Multinational Firms in the World Economy

Navaretti, Giorgio Barba / Venables, Anthony J.
Multinational Firms in the World Economy
Depending on one's point of view, multinational enterprises are either the heroes or the villains of the globalized economy. Governments compete fiercely for foreign direct investment by such companies, but complain when firms go global and move their activities elsewhere. Multinationals are seen by some as threats to national identities and wealth and are accused of riding roughshod over national laws and of exploiting cheap labor. However, t...

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