Description: Beyond Free Trade grew from the conviction of David B. Yoffie & some of his colleagues that current debates about world trade are missing the depth & complexity of the tremendous changes taking place in the international economy. In looking at firms that actually move goods, services, & capital around the world, the authors incorporate research on industries that cut across all spectrums: high tech (telecommunications, computers, & semiconductors); low tech (bearings, automobiles, & construction equipment); services (insurance); manufacturing; & raw materials. They argue that the invisible hand of Adam Smith & David Ricardo is being replaced by the guiding hands of multinational corporations & governments. As a result, politicians & firms now have the opportunity to structure global competition in new ways.

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