ABSTRACT
John H. Dunning's paper is detailed, painstaking and methodical. The wealth of information he presents, especially concerning the type of services which enter international trade, and the mode in which they enter it, is invaluable. The taxonomic discussion that took place at the beginning of the conference highlighted two alternative definitions of services. Transactions in goods establish rights over objects, while services, being changes that affect the user, can only become the object of obligations. Since services are heterogeneous, detailed typologies are inevitable. Multinational Corporations (MNCs) are important players in services, and their share has been rapidly increasing. Size affords also some "intangible advantages" which favor MNCs in the production of a broad variety of services. The issue of the continuum between pure goods and pure services becomes also important in determining the extent of international tradability in services, and as such it may pertain to the current Uruguay Round discussions of trade liberalization.
