International economics

A Study of FDI Inflows in India’s Service Sector: Case of German FDI (A Pragmatic Approach)

“…This argument was supported by some other researchers as Graham and Krugman (1989) stated that in the past it was the technological advantage possessed by European firms that had led to them investing in the United States. Sodersten (1970) also argued that willingness to increase profits by taking advantage of technological superiority or superior organizational structure were the main reasons for direct investment. Though, a number of factors influence the choice between FDI and exports, including local government policy, local market conditions and size, the response of rival firms and the riskiness of investment.…”

Eight conjectures about exchange rates

“…The earlier textbook model of exchange rate behaviour is the elasticities flow model of the foreign exchange market (see for example, Sodersten, 1970). In the elasticities model, the equilibrium exchange rate is determined by flow demand and supply of foreign exchange, which in turn are driven by demand and supply of imports and exports in goods markets (trade fundamentals).…”

Utviklingsgeografi – et utvalg av emner og angrepsmåter

“…sitt relative overskudd av arbeidskraft i forhold til kapital. Bade Smith/Ricardo og Heckscher/ Ohlin viste at handelen pa lengre sikt ville f0re til utjevning bade i prisen pa arbeidskraft og kapital mellom de to landene (Sodersten 1970). Nar det er grunn til a betvile at dette skjer i saerlig utstrekning, er det ikke mangier ved teorienes interne logikk, men ved deres abstraksjon og forutsetninger.…”