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Author Question: The TPP incorporates labor standards directly rather than as a side agreement. Indicate whether ... (Read 34 times)

jman1234

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on: Jun 30, 2018
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?


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lorealeza

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Reply #1 on: Jun 30, 2018
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.


jman1234

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Reply #2 on: Jun 30, 2018
Thank you :)


lorealeza

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Reply #3 on: Jun 30, 2018
Happy to help you


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