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This paper addresses the issue of whether Donald Trump should impose a 35% tariff on the importation of certain goods from China and Mexico, and presumably other countries. Applying utilitarian ethics leads to the conclusion that the tariff should not be imposed. The same result is obtained by...
Persistent link: https://www.econbiz.de/10012977910
This paper was written in response to an article by Alan Tonelson, titled "Beating Back Predatory Trade," which appeared in FOREIGN AFFAIRS, Vol. 73, No. 4 (July/August, 1994). After reading Alan Tonelson's article defending protectionism, the authors felt compelled to respond to his many...
Persistent link: https://www.econbiz.de/10014057325
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/10014050956
This paper begins with a discussion of what constitutes corporate welfare, then proceeds to apply the corporate welfare concept to the steel industry in the United States. A review is made of the various government supports that the steel industry has enjoyed since 1969. Studies have estimated...
Persistent link: https://www.econbiz.de/10014084457
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
There are a number of ethical issues in the area of international trade that affect managers. This article will address two ethical issues that have been almost totally neglected in the literature -- antidumping and sanctions. Antidumping laws are special interest legislation. Rather than...
Persistent link: https://www.econbiz.de/10012980540
Donald Trump has stated that he is in favor of free trade, but that he wants it to be fair. He has said that, if elected president, he would renegotiate NAFTA and other trade deals that he views as unfair to the American worker. When Ford recently announced that it would move a portion of its...
Persistent link: https://www.econbiz.de/10012980626
This paper examines the various arguments that have been put forth in favor of protectionism, from both an accounting and philosophical perspective. The author concludes that arguments against free trade are based on faulty premises, illogical reasoning or incorrect facts. Part 2. This paper was...
Persistent link: https://www.econbiz.de/10012981890
President George W. Bush ran on a platform of free trade during the 2000 election. Yet shortly after he took office he started engaging in protectionist trade practices. The 30 percent tariffs imposed on steel and Canadian lumber were only two of the most noticeable examples of practicing...
Persistent link: https://www.econbiz.de/10014071757
Part I provides an introduction and overview and discusses topics such as the present state of Japanese-American trade policy, the trade deficit mentality, antidumping laws, auto industry protection, exchange rate manipulation, Super 301 and the hypocrisy of the United States position. Part II...
Persistent link: https://www.econbiz.de/10014057245