Let’s have a look at this amazing talk given by Matt Ridley if you are not convinced why

specialisation and exchange are important (and necessary) drivers of change in our lives :

http://www.ted.com/talks/matt_ridley_when_ideas_have_sex.html

That is the very « rational » underlying David Ricardo’s Theory !

But we did not actually wait for Ricardo to tell us what to do ; we just start organising our
exchange network amongst civilisations!

The Silk Road: Connecting the ancient world through trade - Shannon Harris Castelo
https://www.youtube.com/watch?v=vn3e37VWc0k
Assignment for lecture 2:
Hyundai: Leading the Way in the Global Auto Industry
Consistent with Dunning’s Eclectic Paradigm, describe the ownership-specific
advantages, location-specific advantages, and internalization advantages held by
Hyundai. Which of these advantages do you believe has been most instrumental to the
firm’s success? Justify your answer.

Analyze the Romanian context in terms of “economic attractiveness” for

internationalization both for local and foreign companies