{"title":"Trade Remedies and Relief from Foreign Competition","authors":"D. Irwin","doi":"10.2307/j.ctvr0qr9q.10","DOIUrl":"https://doi.org/10.2307/j.ctvr0qr9q.10","url":null,"abstract":"This chapter describes the legal framework that allows firms to petition the government for the imposition of tariffs on competing imports. It introduces the antidumping law as the most commonly used measure to block unfair imports. It talks about the government's definition of “dumping” as a lower price charged in the United States than in a foreign exporter's home market. The chapter also examines the case for providing domestic industries with temporary relief from imports so that they can adjust to foreign competition, including the recently revived “national security” rationale for limiting imports. It looks at countervailing duties, which address foreign subsidies and escape clause, and provide industries with temporary relief from imports without the claim of unfairness.","PeriodicalId":331230,"journal":{"name":"Free Trade under Fire","volume":"59 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133189592","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Free Trade under FirePub Date : 2020-04-14DOI: 10.23943/PRINCETON/9780691201009.003.0002
D. Irwin
{"title":"The United States in the Global Economy","authors":"D. Irwin","doi":"10.23943/PRINCETON/9780691201009.003.0002","DOIUrl":"https://doi.org/10.23943/PRINCETON/9780691201009.003.0002","url":null,"abstract":"This chapter sets out basic facts about international trade and the U.S. economy. It describes how world trade has expanded rapidly in the recent decades and explains how the development provides the context in which to consider trade policy. The chapter discusses the reasons for the increase in trade and how trade has changed with the fragmentation of production and the increase in trade of intermediate goods. It talks about the state of public opinion on the question of globalization. It also analyzes protectionist policies that directly harm employment in domestic industries by raising production costs in addition to forcing consumers to pay higher price for the products they buy.","PeriodicalId":331230,"journal":{"name":"Free Trade under Fire","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127693562","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Free Trade under FirePub Date : 2020-04-14DOI: 10.23943/princeton/9780691201009.003.0003
D. Irwin
{"title":"The Case for Free Trade","authors":"D. Irwin","doi":"10.23943/princeton/9780691201009.003.0003","DOIUrl":"https://doi.org/10.23943/princeton/9780691201009.003.0003","url":null,"abstract":"This chapter examines the economic logic of free trade and recent empirical evidence reinforcing the case for it. It mentions Adam Smith and David Ricardo who have described the gains from trade in a systematic way many centuries that made economists of today urge for higher income that results from improved resource allocation as the main advantage of trade. It also explains how trade not only helps to improve the allocation of existing resources but also makes those resources more productive. The chapter talks about the productivity gains from trade that are sometimes neglected but appear to be substantial. It also points out the importance of welfare benefits of a greater variety of products that resulted from trade.","PeriodicalId":331230,"journal":{"name":"Free Trade under Fire","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126988991","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"2. The Case for Free Trade: Old Theories, New Evidence","authors":"D. Irwin","doi":"10.1515/9781400866182-006","DOIUrl":"https://doi.org/10.1515/9781400866182-006","url":null,"abstract":"","PeriodicalId":331230,"journal":{"name":"Free Trade under Fire","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129573485","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"6. Developing Countries and Open Markets","authors":"D. Irwin","doi":"10.1515/9781400866182-010","DOIUrl":"https://doi.org/10.1515/9781400866182-010","url":null,"abstract":"","PeriodicalId":331230,"journal":{"name":"Free Trade under Fire","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127414710","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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