Trade, Location of Economic Activity and the MNE: A Search for an Eclectic Approach

# Trade, Location of Economic Activity and the MNE: A Search for an Eclectic Approach > OpenAlex Metadata Hub · https://openalex.org/W140456784 ## Bibliographic - **DOI:** 10.1007/978-1-349-03196-2_38 - **Year:** 1977 - **Citations:** 2165 - **Open Access:** No (closed) - **License:** — - **Source:** https://doi.org/10.1007/978-1-349-03196-2_38 ## Authors - John H. Dunning ## Abstract The main task of this paper is to discuss ways in which production financed by foreign direct investment, that is, that undertaken by multinational enterprises (MNEs), has affected our thinking about the international allocation of resources and the exchange of goods and services between countries. The analysis takes, as its starting point, the growing convergence between the theories of international trade and production, and argues the case for an integrated approach to international economic involvement, based both on the location-specific endowments of countries and the ownership-specific endowments of enterprises. In pursuing this approach, the paper sets out a systemic explanation of the foreign activities of enterprises, in terms of their ability to internalise markets to their advantage. It concludes with a brief examination of some of the effects which the MNE is allegedly having on the spatial allocation of resources, and on the patterns of trade between countries.KeywordsInternational TradeHome CountryDirect InvestmentForeign MarketVertical IntegrationThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves. ## Keywords Multinational corporation, Foreign direct investment, Production (economics), International trade, Business, Point (geometry), Comparative advantage, Investment (military), Convergence (economics), Industrial organization, Economics, International economics, Microeconomics, Economic growth, Politics, Political science ## Concepts - Multinational corporation - Foreign direct investment - Production (economics) - International trade - Business - Point (geometry) - Comparative advantage - Investment (military) - Convergence (economics) - Industrial organization - Economics - International economics - Microeconomics - Economic growth - Politics - Political science - Geometry - Mathematics - Finance - Macroeconomics - Law --- *Metadata only — full text not imported unless Open Access license permits.*

Bài “Trade, Location of Economic Activity and the MNE: A Search for an Eclectic Approach” được TradingBase chuyển thành Knowledge Product cho trader — không phải trang đọc abstract OpenAlex. Tóm lược học thuật (đã diễn giải): The main task of this paper is to discuss ways in which production financed by foreign direct investment, that is, that undertaken by multinational enterprises (MNEs), has affected our thinking about the international allocation of resources and the exchange of goods and services between countries. The analysis takes, as its starting point, the growing convergence between the theories of international trade and production, and argues the case for an integrated approach to international economic involvement, based both on the location-specific endowments of countries and the ownership-specific endowments of enterprises. In pursuing this approach, the paper sets out a systemic explanation of the foreign activities of enterprises, in terms of their ability to internalise markets to their advantage. It concludes with a brief examination of some of the effects which the MNE is allegedly havin… Phần Trading Insights bên dưới nối nghiên cứu với Forex, vàng, USD, lãi suất và risk regime — để bạn đưa vào journal và playbook. Metadata DOI/OA chỉ là rail tham chiếu; nội dung chính là summary, takeaways và ứng dụng thị trường do Content Factory sinh.