A Simple Theory of Multinational Corporations and Trade With a Trade-off Between Proximity and Concentration
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"A Simple Theory of Multinational Corporations and Trade With a Trade-off Between Proximity and Concentration" presents an economic model analyzing the strategic decisions of multinational corporations in the context of international trade. Authored by Lael Brainard of the Sloan School of Management, this study explores the balance between locating production near consumers (proximity) and concentrating production in fewer locations to exploit economies of scale. The work provides valuable insights into the factors driving foreign direct investment and the structure of global production networ...
"A Simple Theory of Multinational Corporations and Trade With a Trade-off Between Proximity and Concentration" presents an economic model analyzing the strategic decisions of multinational corporations in the context of international trade. Authored by Lael Brainard of the Sloan School of Management, this study explores the balance between locating production near consumers (proximity) and concentrating production in fewer locations to exploit economies of scale. The work provides valuable insights into the factors driving foreign direct investment and the structure of global production networks. It remains relevant for economists and business strategists interested in understanding the complex dynamics of multinational enterprises and their impact on international trade patterns. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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