In this article we pursue the nature of trade in services through a different lens. Nevertheless, there are still doubts regarding the degree to which this is possible. For example, in a recent report HSBC and Oxford Economics (HSBC, 2016) documented the potential for expanded trade in services. The idea that developed economies like the UK and Canada should pursue diversification via trade in services is not new. ![]() Daniel Shapiro, Saul Estrin, Christine Cote, Klaus Meyer, and Jing Li examine the nature of trade in services using ideas developed in the international business and economic geography literatures to explore the interrelationships among multinational enterprises, global value chains and cities. ![]() This post analyses the prospects for trade and foreign direct investment (FDI) diversification, with a particular focus on the UK and Canada in the age of Brexit.
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