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The Role of expatriation in MNC International Assignments

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy This assignment examines the role of expatriate staff in the success of a multinational corporation (MNC) reviewing literature on international human resource management, knowledge transfer, the benefits of employing expatriates for international assignments and Read More

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Transactional Cost Economics

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy In order to reflect upon Oliver Williamson’s framework of Transaction Cost Economics (TCE), it is important, if not essential, to consider Ronald Coase’s contribution to it. Coase argued that given absence of transaction costs, Read More

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An argument against optimum currency areas

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy According to the theory first developed by Mundell (1961)[1] in order to be optimal, a currency area must be highly economically integrated, in that there is a free and substantial movement of goods and Read More

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The Virtuous Circle

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy This paper will focus on how the inputs and linkages between each key phase of the American t-shirt would change if produced in a true free trade market. The value chain can be categorized Read More

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Economy – India and China

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy Transition from a command economy to a market economy would mean a complete remodeling of a country’s economic aims and procedures. The command economy, being centrally planned, involves a lot of government involvement in Read More

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Balance of Payments

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy Like many definitions , this one requiers clarification , especially with respect to the coverage and valuation of economic transactions and the criteria for determinig residency . The coverage of economic transactions refers to Read More

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Why the UK government regulates firms and markets

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy The western world is often viewed as one built on the ideal economic principle of a free market, this is one where supply and demand, rather then any influencing force, dictates the success of Read More