Many United States companies have, unfortunately, made the search for legal protection from import competition into a major line of work. Since 1980 the United States International Trade Commission (ITC) has received about 280 complaints alleging damage from imports that benefit from subsidence by foreign governments. Another 340 charge that foreign companies "dumped" their products in the United States at “less than fair value”. Even when no unfair practices are all alleged, the simple claim that an industry has been injured by imports is sufficient grounds to seek relief.
Contrary to the general impression, this quest for import relief has hurt more companies than it has helped. As corporations begin to function globally, they develop an intricate Web of marketing, production, and research relationships. The complexity of these relationships makes it unlikely that a system of import relief laws will meet the strategic needs of all the units under t
A. A foreign competitor has received a subsidy from a foreign government.
B. A foreign competitor has substantially increased the volume of products shipped to the United States.
C. A foreign competitor is selling products in the United States at less than fair value.
D. The company requesting import relief has been injured by the sale of imports in the United States.
Many United States companies have, unfortunately, made the search for legal protection from import competition into a major line of work. Since 1980 the United States International Trade Commission (ITC) has received about 280 complaints alleging damage from imports that benefit from subsides by foreign governments. Another 340 charge that foreign companies "dumped" their products in the United States at "less than fair value". Even when no unfair practices are all alleged, the simple claim that an industry has been injured by imports is sufficient ground to seek relief.
Contrary to the general impression, this quest for import relief has hurt more companies than it has helped. As corporations begin to function globally, they develop an intricate Web of marketing, production, and research relationships. The complexity of these relationships makes it unlikely that a system of import relief laws will meet the strategic needs of all the units under the sa
A. arguing against the increased interationalization of United States corporations
B. warning that the application of laws affecting trade frequently has unintended consequences
C. demonstrating that foreign based firms receive more subsidies from their governments than United States firms receive from the United States government
D. advocating the use of trade restrictions for "dumped" products but not for other imports
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