Multinational networks and trade participation
This paper provides a new explanation for the dominance of multinational corporations (MNCs) in international trade: after being acquired by an MNC, firms face lower entry frictions in countries in which their global parent already has a presence. We provide a model of firms’ export and import choic...
| Main Authors: | , , , |
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| Format: | Working paper |
| Jezik: | English |
| Izdano: |
University of Oxford
2025
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