Multilateral trade liberalisation, foreign direct investment and the volume of world trade
Economics Letters, 2011, vol. 113, issue 1, 47-49
A Cournot duopoly model is used to explain the paradox that multilateral trade liberalisation has resulted in increases in both the volume of world trade and the amount of foreign direct investment (FDI).
Keywords: Trade; liberalisation; Foreign; direct; investment; Cournot; oligopoly (search for similar items in EconPapers)
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Working Paper: Multilateral Trade Liberalisation, Foreign Direct Investment and the Volume of World Trade (2010)
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Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:113:y:2011:i:1:p:47-49
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