International Business: Firm and Environment
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The Balance of Payments and
GAINS FROM TRADE
45 other sections not shown
abroad activities analysis balance bank barriers become benefits capital chapter companies comparative competitive consider consumers corporate costs countries currency curve decision demand determine developed discussed dollar domestic economic effective efficient enterprise entry environment example exchange rate Exhibit exports factors Figure firm firm-specific advantage flows foreign exchange free trade function gains global Hence host host country host governments imports increase industry interest international business investment involved Italy Japanese knowledge less licensing loss major million MNEs mode multinational nations natural operations organization payments percent planning political position problem production profits protection reasons reduce regulations relative restrictions result risk sources South Korea standard strategy structure subsidiaries successful tariff theory trade transactions transfer types United usually welfare