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- W2894848401 abstract "International competition among firms and units of a multinational enterprise is a game with wage rates as handicaps. This simple truth is commonly known among managers of firms competing in the international arena. Although it is instinctively trivial and evident, this image of international competition is quite different from the traditional comparative advantage argument. Supporting the new view requires a new theory. Sections 2, 3, 4, 5, and 6 are an introduction to the new theory of international values. The second part of the chapter (Sects. 7, 8, and 9) offers some preliminary remarks on how to use it. The third part (Sects. 10, 11, and 12) is a demonstration of how the new theory can be used to analyze international competition among firms. The last part (Sects. 13 and 14) illustrates how the new theory can be applied to a more realistic situation and provides some remarks regarding the wider scope of application of the new theory." @default.
- W2894848401 created "2018-10-12" @default.
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- W2894848401 date "2018-01-01" @default.
- W2894848401 modified "2023-10-01" @default.
- W2894848401 title "The Nature of International Competition Among Firms" @default.
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- W2894848401 doi "https://doi.org/10.1007/978-4-431-55145-4_2" @default.
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