There were three phases of internationalization according to Hymer's work the first phase of Hymer's work was his dissertation in 1960 called the International Operations of National Firms in this thesis the author departs from neoclassical theory and opens up a new area of international production at first Hymer started analyzing neoclassical theory and financial investment where the main reason for capital movement is the difference in interest rates After this analysis Hymer analyzed the characteristics of foreign investment by large companies for production and direct business purposes calling this Foreign Direct Investment (FDI) by analyzing the two types of investments Hymer distinguished financial investment from direct investment the main distinguishing feature was control Portfolio investment is a more passive approach and the main purpose is financial gain whereas in foreign direct investment a firm has control over the operations abroad So the traditional theory of investment based on differential interest rates does not explain the motivations for FDI. 2.3.1 First Cuban wave, Aventura 2.3 1950s to 1970s, This section does not cite any sources Please help improve this section by adding citations to reliable sources Unsourced material may be challenged and removed (April 2013) (Learn how and when to remove this template message).
. 7 In television and entertainment This section needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed. Name Class year Notability References 2.1 1900s to 1930s: the Magic City, - Foreign language requirement, Demographic profile 2010 2000 1990 1980 1970 1960 1950 1940 1930 1920 1910 Metrorail Orange Line to Dadeland South. . . Economy University of Miami (private) In 2009 fishing was a $6 billion industry employing 60,000 jobs for sports and commercial purposes South Miami.
Atelier della Bellezza Extension Capelli