This textbook on international business integrates the academic study of international trade and foreign direct investment with the actual strategic and operational decisions of exporters and multinational enterprises. The book merges managerial decision making in the internationally oriented firm with the conceptual tools provided by international economics. It covers issues of central importance to firms that invest overseas: political risk, taxation, and expatriate assignment.
Business Across Borders.- Gains from Trade.- Factor Advantages.- Trade Costs.- Trade Rules.- Market Adaptation.- Multinational Formation.- Internalization.- Competitive Interactions.- Foreign Exchange Risk.- Political Risk.- International Taxation.- Expatriate Assignment.
The author is a well known scholar from Sauder School of Business, Strategy and Business Economics Division, University of British Columbia. He holds the HSBC Professorship of Asian Commerce and has published numerous articles on international business during the last years
Other textbooks currently available often have a chapter on trade theory and another on manufacturing locations, a chapter on foreign direct investment and a chapter on multinational strategies. This is not only repetitive but it gives the impression that management decisions are not directly linked to economic analysis
Aims to merge managerial decision making in the internationally oriented firm with the conceptual tools provided by international economics
Highly unique as well as very promising conception
This book on international business merges managerial decision-making in with the conceptual tools provided by international economics. It integrates the theoretical study of international trade and foreign direct investment with the actual strategic and operational decisions of exporters and multinational enterprises. The book first cl³³