Beyond Free Trade

Firms, Governments, and Global Competition

Bibliographic Data

ID9820909
AuthorsRichard Cooper (0000-0002-3037-7779, corresponding author), David B Yoffie
Year1994
Volume73
Issue2
Pages146
Publication date1994-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueForeign Affairs (JOURNAL)
Journal identifiersISSN: 0015-7120 • E-ISSN: 2327-7793
PublisherJSTOR (PUBLISHER)
DOI10.2307/20045944
OpenAlexW2049907044
LanguageEN
Citations received16

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

Business · Capital (architecture · Commerce · Competition (biology · Economics · Free trade · Globalization · Goods and services · High tech · International economics · International trade · Market economy · Multinational corporation · Political science · Trade barrier · World trade · Economic Theory and Policy · Finance · Global Financial Crisis and Policies · Global trade and economics · Law

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