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Transnational Corporations And Anti-Trade Sentiment

Author

Listed:
  • Carmen Valentina RADULESCU
  • Iulian GOLE
  • Florentina Olivia BALU
  • Evelina Petronela BALU

Abstract

In addition to the health crisis, we are all witnessing, for a while, a skeptical sentiment against globalization, a certain general opinion related the internationalization of trade. After decades of continuing progression of global value chain arrangements between different economical entities or even within the same company, upward or downward the production processes, frequently in different countries or continents, today we can see there is an increasing opposition against trade competition. In some countries, immense fissures were created between labor unions and management because their interests were going in different directions. By the meaning of qualitative methods, we will analyze why this divergence is happening especially in developed countries, who are the most affected peopl, what actions may be taken by decision-makers.We also demonstrated that global value chain companies are more efficient in a free global market and putting trade barriers would have negative consequences on the entire economy.

Suggested Citation

  • Carmen Valentina RADULESCU & Iulian GOLE & Florentina Olivia BALU & Evelina Petronela BALU, 2020. "Transnational Corporations And Anti-Trade Sentiment," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(1), pages 1083-1089, November.
  • Handle: RePEc:rom:mancon:v:14:y:2020:i:1:p:1083-1089
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    References listed on IDEAS

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    1. David H. Autor & David Dorn & Gordon H. Hanson & Jae Song, 2014. "Trade Adjustment: Worker-Level Evidence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(4), pages 1799-1860.
    2. Johnson, Robert C. & Noguera, Guillermo, 2012. "Accounting for intermediates: Production sharing and trade in value added," Journal of International Economics, Elsevier, vol. 86(2), pages 224-236.
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