A Product Cycle Model of the Balance of Payments Impact of U.S Based Multinationalism

Frank S Wert
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Frank S Wert: Central State University

Journal of International Business Studies, 1973, vol. 4, issue 2, 64 pages

Abstract: The author presents a cyclical model to conceptualize the impact that a single manufactured commodity has on the lending country's balance of payments as the product traverses the course of its life-cycle. The model depicts the relationship that exist among the different international accounts at different stages of the product cycle. Some macro-economic implications of this micro-economic model are then explored.© 1973 JIBS. Journal of International Business Studies (1973) 4, 51–64

Date: 1973
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