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Reference no. 9-703-428
Published by: Harvard Business Publishing
Originally published in: 2002
Version: 27 June 2003

Abstract

Presents a conceptual framework to examine when multinationals create, or face difficulty creating, value in cross-border commerce. We pay particular attention to their role as intermediaries in international transactions where the existence of traditional market intermediaries that provide information to both sides is absent.; To familiarize students with the expansive role multinationals can play by internalizing intermediary functions in cross-border transactions when cross-border institutional voids are present.

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Abstract

Presents a conceptual framework to examine when multinationals create, or face difficulty creating, value in cross-border commerce. We pay particular attention to their role as intermediaries in international transactions where the existence of traditional market intermediaries that provide information to both sides is absent.; To familiarize students with the expansive role multinationals can play by internalizing intermediary functions in cross-border transactions when cross-border institutional voids are present.

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