Explain the determinants of international trade, HR Management

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Problem 1:

(a) Explain the determinants of international trade through the use of the Heckscher-Ohlin theoreom, Product-life cycle theory and Dunning's Eclectic theory.

(b) Explain the implications of these theories for multinational enterprises.

(c) Using Porter's analysis explain the reasons for Japan's prominent position in consumer electronics, electric components etc.

Problem 2:

Write short notes on any three.

(a) According to Adler ‘the combination of both multiculturalism and geographic dispersion is of fundamental importance for multinational corporations'. Explain the significance of this statement.

(b) Convergence and Divergence debate in IHRM.

(c) Prescriptive models of IHRM.

(d) The Transnational organisation.


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