Robert E. Lipsey & Jean-Louis Mucchielli 
Multinational Firms and Impacts on Employment, Trade and Technology [PDF ebook] 
New Perspectives for a New Century

For decades governments, politicians, and trade unions have feared that firms investing abroad involved a loss of employment and a decline in wages for the home country, the implied assumption being that global production and consumption are somehow fixed. Similarly, research on multinational firms has tended to present them as having a number of a