It takes the average reader 7 hours and 20 minutes to read Multinational Firms and the Theory of International Trade by James R. Markusen
Assuming a reading speed of 250 words per minute. Learn more
Despite the great importance of multinational firms in international economics, theoretical and empirical research on these firms has generally been conducted separately from that on international trade. In this book, James Markusen provides a comprehensive integration of the two fields. Drawing on twenty years of research, he focuses on the interaction of scale economies, trade costs, factor endowments, and imperfect competition. He analyzes decisions about whether to build or acquire a foreign plant separately from decisions about where to raise the financing. Markusen begins with the simplest possible partial equilibrium models and works systematically toward a full-fledged general equilibrium model with both horizontal and vertical foreign direct investment. He offers empirical tests of hypotheses derived from the theoretical models. The notation is unified throughout, distinctions between models are explained with thoroughly explained derivations, and numerous graphs support the analysis.
Multinational Firms and the Theory of International Trade by James R. Markusen is 440 pages long, and a total of 110,000 words.
This makes it 148% the length of the average book. It also has 134% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 10 hours and 1 minute to read Multinational Firms and the Theory of International Trade aloud.
Multinational Firms and the Theory of International Trade is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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