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Net advantage to merging |
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Net advantage to mergingThe difference in total post- and pre-merger market value minus the cost of the merger.Net advantage to merging Similar MatchesNet advantage of refundingNet advantage of refundingThe net present value of the savings from a refunding. Kaleidoscope comparative advantageKaleidoscope comparative advantageA variant of fragmentation due to Bhagwati and Dehejia (1994). Net advantage to leasingNet advantage to leasingThe net present value of entering into a lease financing arrangement rather than borrowing the necessary funds and buying the asset. Law of Comparative AdvantageLaw of Comparative AdvantageThe principle that, given the freedom to respond to market forces, countries will tend to export goods for which they have comparative advantage and import goods for which they have comparative disadvantage, and that they will experience gains from trade by doing so. Idea due to Ricardo (1815). Locational advantageLocational advantageAny reason for a firm to locate production, or a stage of production, in a particular place, such as availability of a natural resource, transport cost, or barriers to trade. May explain why a country's firms succeed in trade, or why a multinational firm locates there. Further SuggestionsProduction Cost AdvantageCompetitive advantage Advantage Location specific advantages Dynamic comparative advantage Distribution Cost Advantage Comparative advantage Absolute advantage Yield advantage Revealed comparative advantage First mover advantage Comparative advantage Absolute advantage Cost advantage Chain of comparative advantage |
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