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Policy and Political Theory in Trade Practice - 9781137401922

Un libro in lingua di Nikolay Anguelov edito da Palgrave Macmillan, 2014

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Trade liberalization policies have changed the assumptions of eceonmic theory because they have changed the core definition of its concepts-imports and exports. When most rade is done in components rather than finished goods, how do we assign nationaility to value added during the production process? Anguelov analyzes foreign direct investment (FDI) as the core tool behind the internationalization of the production function. He tracks the changing nature of incenties in location and diversification of multinational corporations (MNCs), as well as the role governements have in the creation and implementation of trade policies that impact MNC investments.

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