It is almost a truism that the principal rationale for public policy intervention lies in the inadequacies of market outcomes. Yet this rationale is really only […]
PlayStation is a subsidiary from Sony Corporation, which means that Sony owns all operations that occur within PlayStation. Sony Corporation was first developed in the 1950s […]
I will critically analyze Stephen Hymer’s contribution to the micro-level theory of Multinational Enterprise, especially on the concept of Ownership Advantage in his theory. Hymer raised […]
Wage-setting curve (WS) is same in open economy as closed economy (real wages defined relative to consumer price index) In the absence of any imported materials, […]