Problem
1. Is the theory of multinational enterprise essentially consistent or inconsistent with the traditional model of comparative advantage?
2. What are some examples of welfare gains and welfare losses that can result from the formation of international joint ventures among competing businesses?
3. What effects does labor migration have on the country of immigration? The country of emigration? The world as a whole?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.