In the 1980s many developed countries were increasingly tempted to
improve their national competitiveness by adopting protectionist
policies. This book demonstrates that such policies would be
mistaken and do serious damage to industries in the countries
concerned. This book, based on extensive original research provides
important empirical evidence concerning the proportion of all trade
which is intra-industry trade; concerning the key role of
multinationals in the growth of intra-industry trade and concerning
the contrasting response - particularly between those companies
which are multinational parents and those which are multinational
subsidiaries - to the changing competitive conditions.
General
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