Research on the Selection of Vertical and Horizontal Type of the Foreign Direct Investment of Multinational Enterprise and Its Influencing Factors

Abstract

Since the 1970s, international trade and investment patterns have occurred great changes, also the production organization of international enterprises had undergone profound changes. Intra-industry trade gradually replace the inter-industry trade, has become the main form of international trade. After 1980s, the multinational enterprises got unprecedented development. All the data are from the U.S. Bureau of Economic Analysis and the World Bank.