This book provides an invaluable state-of-the art survey of the most important work on multinational corporations. It includes the first English translation of a key work by Stephen Hymer which transforms our understanding of the evolution of the modern theory of multinational corporations. The integration of multinationals into theories of trade and factor movements is an underlying theme. There is an extensive review of the comparative performance of American, Japanese and European multinationals, within an historical perspective.
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