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2003•Palgrave Macmillan UK eBooksRequires access

Foreign Market Servicing Strategies in the NAFTA Area

Jeremy Lawrence Clegg, Nicolas Forsans

Open publisher page 5 citations

Abstract

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). These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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What this paper is about

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). These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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OpenAlex reports 5 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

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). These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Key concepts: Globalization, Pace, Foreign direct investment, International trade, International economics, Economic integration, Differential (mechanical device), Deep integration

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