This topic contains a solution. Click here to go to the answer

Author Question: The TPP incorporates labor standards directly rather than as a side agreement. Indicate whether ... (Read 88 times)

jman1234

  • Hero Member
  • *****
  • Posts: 560
The TPP incorporates labor standards directly rather than as a side agreement.
 
  Indicate whether the statement is true or false

Question 2

Describe the four legal procedures available to U.S. firms to seek protection from foreign competition. What circumstances would warrant a request under each? How frequently is each used? What would be the result if the firm won?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lorealeza

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

TRUE

Answer to Question 2

Countervailing duties are granted in response to foreign subsidies.
Anti-dumping duties are granted in response to imports being sold at unfair prices or dumping.
Escape clause relief is granted as a temporary protection against a sudden surge in imports.
Section 301 retaliation is used to unilaterally punish a nation for unfair trade.
Generally, tariffs are imposed if a firm is successful in its appeal for subsidies, dumping, or escape clause relief. Section 301 is likely to be a broader response to a country's practices. Anti-dumping duties are the most common today.





 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library