2003 | OriginalPaper | Buchkapitel
Foreign Market Servicing Strategies in the NAFTA Area
verfasst von : Jeremy Clegg, Nicolas Forsans
Erschienen in: The Changing Global Context of International Business
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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This chapter examines the link between globalization and the growth of trade blocs using the experience of the North American Free Trade Agreement (NAFTA). Globalization is interpreted as the differential pace of integration of national markets of different types. In comparison with other forms of international business (for example, trade in intermediate and finished products, technology licensing and so on.) foreign direct investment (FDI) is seen as the agent of ‘deep integration’ (UNCTAD, 1993).