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Unwanted Company : Foreign Investment in American Industries by Jonathan Crystal is a nonfiction available to read on EtoBox.

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In the last quarter century, the U.S. economy has been transformed by a large inflow of direct investment from abroad. Foreign companies, mainly from Europe and Japan, have built factories and acquired U.S. firms at an ever-increasing rate. Jonathan Crystal finds inconsistencies in how American businesses have responded to this globalization of production.U.S. firms, especially multinationals, have conflicting interests regarding investment protection, Crystal shows. Many American firms, under siege from overseas competitors, have already expended considerable energy in obtaining trade protection, but they are competing not only with foreign imports but also with locally established foreign-owned firms. American businesses may favor stricter regulation of foreign companies that threaten their bottom line, but they also consider their own interests as global investors subject to retaliatory protection in other countries. Restrictions on "foreign" investment, it seems, are not so attractive when they are imposed by other countries.Unwanted Company examines the different ways in which important U.S. industries (including semiconductors, automobiles, steel, consumer electronics, teleco

Who reads Unwanted Company : Foreign Investment in American Industries?

Author

Jonathan Crystal

Publisher

Cornell University Press

Published

2003

Language

EN

ISBN

9780801441233

Category

nonfiction

Subjects

Political Science, History, Language Learning