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This paper examines the question of whether it is ethical for company officials to use the force of government to reduce or eliminate foreign competition, using the antidumping laws as a case study. This paper begins with a brief examination of the U.S. antidumping laws, then examines several...
Persistent link: https://www.econbiz.de/10012980241
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 vast majority of the books and articles that have been written over the past few centuries about trade policy in general and protectionism in particular have been written from a utilitarian perspective. Indeed, it would only be a slight overstatement to say that the only works written about...
Persistent link: https://www.econbiz.de/10012980538
This paper analyzes trade deficits from a law and economics perspective. The author concludes that trade deficits are the result of faulty accounting and that economic policy should not be influenced by the presence or extent of a trade deficit because the balance of trade figure is an...
Persistent link: https://www.econbiz.de/10012980547
The U.S. antidumping law suffers from a series of defects in its implementation, resulting in the unwarranted finding of illegal predatory pricing by foreign companies. In light of the existing technical flaws outlined in this Article, it is clear that the U.S. antidumping law is merely a form...
Persistent link: https://www.econbiz.de/10012980608
There is no doubt that protectionism costs. But it is less clear exactly how much it costs and who pays. And while protectionism results in a deadweight loss — there are more losers than winners — some individuals and groups gain from protectionism. And it is those who stand to gain who have...
Persistent link: https://www.econbiz.de/10012980614
Various presidential candidates over the years have promised to reduce the U.S. trade deficit. Such arguments are based on the mistaken belief that trade deficits are bad. This paper explains why the United States is doomed to have trade deficits, and why it doesn't matter.The paper also...
Persistent link: https://www.econbiz.de/10012980622
This article is about protectionism. It is divided into four parts. Part 1 reviews the philosophy of protectionism, and analyzes the various arguments that have been given to support it over the years. These arguments have generally supported producers at the expense of the general public. Part...
Persistent link: https://www.econbiz.de/10012980629
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 Supreme Court decisions in Washington v. Glucksberg and Vacco v. Quill on the constitutionality of physician-assisted suicide leave much to be desired. Although this topic has been beaten to death in the literature, the vast majority of commentators have either missed the main point entirely...
Persistent link: https://www.econbiz.de/10014061411