Generalizations are always difficult, especially in the context of varied national experiences. But by looking at the evolution of oil company activity in the 1920s in South America and by examining the range of relevant business functions — marketing, refining, production, exploration, transportation — the author throws light on the development of business-government relations in that part of the world, where the hostility of host nations to multinational enterprises was to grow so strong.
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Mira Wilkins (1974) studied this question.
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