Foreign Direct Investment - Managing International Joint Venture - Case: NAFTA

Managing International Joint Venture - Case: NAFTA

Business & Finance, Management & Leadership, Management
Cover of the book Foreign Direct Investment - Managing International Joint Venture - Case: NAFTA by German Wehinger, GRIN Publishing
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Author: German Wehinger ISBN: 9783638412087
Publisher: GRIN Publishing Publication: August 25, 2005
Imprint: GRIN Publishing Language: English
Author: German Wehinger
ISBN: 9783638412087
Publisher: GRIN Publishing
Publication: August 25, 2005
Imprint: GRIN Publishing
Language: English

Essay from the year 2003 in the subject Business economics - Business Management, Corporate Governance, grade: 2, Lappeenranta University of Technology (Business Department), course: International Business Methods, 14 entries in the bibliography, language: English, abstract: The importance of international trade to a nation's economic welfare and development has been heavily documented in the economics literature since Adam Smiths pioneering inquiry into the nature and causes of the wealth of nations. There are several theories under rubric of foreign direct investment (FDI), including the internalization theory. Internalization theory centres on the nation that firms aspire to develop their own internal markets whenever transactions can be made at lower cost within the firm. Internalization theories endeavour to explain how and why the firm engages in overseas activities and in particular how the dynamic nature of such behaviour can be conceptualized (Morgan et al., 1997).

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Essay from the year 2003 in the subject Business economics - Business Management, Corporate Governance, grade: 2, Lappeenranta University of Technology (Business Department), course: International Business Methods, 14 entries in the bibliography, language: English, abstract: The importance of international trade to a nation's economic welfare and development has been heavily documented in the economics literature since Adam Smiths pioneering inquiry into the nature and causes of the wealth of nations. There are several theories under rubric of foreign direct investment (FDI), including the internalization theory. Internalization theory centres on the nation that firms aspire to develop their own internal markets whenever transactions can be made at lower cost within the firm. Internalization theories endeavour to explain how and why the firm engages in overseas activities and in particular how the dynamic nature of such behaviour can be conceptualized (Morgan et al., 1997).

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