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This article examines protectionism from a number of perspectives. Part One provides some general background information describing present Japanese-American trade policy. Part Two does the same for Korean-American trade policy. Part Three offers some concluding observations
Persistent link: https://www.econbiz.de/10012980475
The stated purpose of the antidumping laws is to prevent unfair trade and to punish foreign producers for predatory pricing. The practical effect, however, is to prevent foreign producers from selling their products in a domestic market, even when pricing has not been abnormally low or...
Persistent link: https://www.econbiz.de/10012980619
The U.S. steel industry has a long history of being protected, first when it was an infant industry in 1791 and later as it became a mature industry and needed breathing room to allow it to restructure so that it could compete against more efficient foreign producers. In recent years the steel...
Persistent link: https://www.econbiz.de/10012980620
The long-term declining role of manufacturing in the U.S. economy – reflecting a shift of the economy after World War II to a post-industrial orientation with an increased emphasis on services – was accelerated by the effects on manufacturing jobs and trade deficits of President Reagan's...
Persistent link: https://www.econbiz.de/10012962766
Media pundits and some politicians would have us believe that industrial production has been declining in the United States. Some would even say that “we don't make things anymore.” However, the statistics show a different picture. This paper examines the trade statistics for the United...
Persistent link: https://www.econbiz.de/10012963810
The paper explores the causes of China's rising manufacturing exports to the EU after WTO accession. While the European trade policy environment remained largely unchanged in most sectors, a spillover from a change in US trade policies towards China is emphasized. In the proposed model the...
Persistent link: https://www.econbiz.de/10013019421
Are product standards protectionism in disguise? This paper estimates the costs of non-compliance with U.S. product standards, using a new database on U.S. import refusals from 2002 to 2012. We find that import refusals significantly decrease exports to the United States. This trade reducing...
Persistent link: https://www.econbiz.de/10013030319
Are product standards protectionism in disguise? This paper estimates the costs of non-compliance with U.S. product standards, using a new database on U.S. import refusals from 2002 to 2012. We find that import refusals significantly decrease exports to the United States. This trade reducing...
Persistent link: https://www.econbiz.de/10013039692
Are product standards protectionism in disguise? This paper estimates the costs of non-compliance with US product standards, using a new database on US import refusals from 2002 to 2012. We find that import refusals significantly decrease exports to the United States. This trade reducing effect...
Persistent link: https://www.econbiz.de/10010467851
Are product standards protectionism in disguise? This paper estimates the costs of non- compliance with U.S. product standards, using a new database on U.S. import refusals from 2002 to 2012. We find that import refusals significantly decrease exports to the United States. This trade reducing...
Persistent link: https://www.econbiz.de/10010459208