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Essay / Research Paper Abstract
A 3 page paper discussing the role of the multinational from the perspectives of Raymond Vernon and John Dunning. Vernon's model carried with it more social implications, such as the potential ability of the multinational to superimpose its wishes on the laws of the host country, but Dunning is more focused on other aspects of foreign investment, giving rise to the title of "eclectic paradigm" for his collective observations. Though Vernon's model is not sufficient in today's global economy to stand alone, it was more than adequate in the mid-1960s. Dunning's continues to be refined and may require even further refinement as the nature of the multinational continues to evolve with the growth of the global economy. Bibliography lists 7 sources.
Page Count:
3 pages (~225 words per page)
File: D0_Multinls.wps
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