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Numerous articles have been written on economic sanctions over the past few decades. Most papers take an overall approach, focusing on the utilities and dis-utilities of sanctions in general or on a specific sanction. While this paper also looks at general aspects of sanctions, it goes beyond...
Persistent link: https://www.econbiz.de/10012980252
Various state legislatures have passed a law that prohibits transgender individuals from using certain public toilets. The legislation has been controversial. The Supreme Court has agreed to place this issue on its docket (Gloucester County School Board vs. G.G.). This article summarizes that...
Persistent link: https://www.econbiz.de/10012980331
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
This paper reviews several International Trade Commission antidumping cases involving Korean computer chips from a law and economics perspective. Part I reviews and analyzes the controversy. Part II points out some of the most serious problems with the current United States antidumping policy....
Persistent link: https://www.econbiz.de/10012980480
The antidumping laws are structurally protectionist. There is no way to construct an antidumping law that is not protectionist. Basically, antidumping laws protect domestic producers at the expense of the general public. They provide a legal means of destroying the property of foreign...
Persistent link: https://www.econbiz.de/10012980481
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
Antidumping laws were designed to protect domestic industry from foreign competition. They protect producers at the expense of consumers, which results in higher prices, lower quality products, less consumer choice and a general lowering of the standard of living for the vast majority of people....
Persistent link: https://www.econbiz.de/10012980611
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
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