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I think the profit to transnational capital shouldn't be "aggregated" to any country. How does that change the analysis?

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Sun Jun 18th, 2006 at 03:43:24 PM EST
[ Parent ]
Don't make the mistake of believing that transnational corporate profits are, along with closed plants here in the developed world, the real story.  Remember the consumers who benefit.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
by Drew J Jones (myfriends@thisispancakes.com) on Sun Jun 18th, 2006 at 05:41:14 PM EST
[ Parent ]
I am questioning the computation of "national aggregates", in particular that profits (or even the capital) of transnationals should be aggregated to any nation.

How about analyzing a two-country, two-product Ricardian model with a transnational intermediary? How much of the benefits of free trade accrue to each of the three players?

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Migeru (migeru at eurotrib dot com) on Sun Jun 18th, 2006 at 06:20:56 PM EST
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