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Balance of Payments Effects of Direct Inward
Effects of Inward Investment on Domestic Income
4 other sections not shown
advantage American direct investment American firms American investment American subsidiaries American Take-Over appraisal argument ATLANTIC TRADE STUDY autonomy balance of payments benefit British economy British firms British interests British technology competition consider consideration costs David Robertson discussion domestic capital domestic firms domestic income domestic investment domination efficiency expected value exports extra factors factors of production favourable flow foreign capital foreign investment foreign subsidiaries foreign-owned free trade area free trade association full employment host country implications important incentive increased inflow initial inputs invest abroad investment in Britain labour less ment multilateral free trade multinational corporation NAFTA oligopolistic operating in Britain output parent company parent firm payments effects perfect competition point of view possible post free Price problems Professor question real transfer reduce repatriated profits returns to scale rise sectors Sir ROY HARROD suggests tariff techniques third countries tion University of Southampton