The choice of an exchange-rate regime is considered by integrating the determinants of multinational firms locations. We consider the case of a risk-adverse multinational firm which contemplates relocating two alternative foreign locations in order to re-export. We explicit the trade-off between...

Can preferential market access help to enforce Labor Laws in beneficiary countries? The US Generalized System of Preferences (GSP) is accorded conditional on compliance with labor rights and leaves room for petitioning and revising the scheme upon request by interest groups. Using data from...

This article offers a new empirical explanation to the smooth adjustment of employment to openness at the industry level, observed in recent years in developing countries and some of the developed countries. In fact, we challenge the view through which trade is related to employment via a sole...