International Trade Policy and European Industry

International Trade Policy and European Industry

4.11 - 1251 ratings - Source

Trade policy has played a vital role in the decline of European electronics business. The events that resulted in the disappearance of the European television industry, of a European and Japanese video recorder format and of other European consumer electronics are directly related to market structures in exporting countries and business practices. In this book, factual business data shows and economic models explain how restrictive trade practices result in elimination of efficient competitors in export markets. It deals with the memorable case how a videocassette recorder format was established by dumping and how politics enabled it. An innovative tariff increase for CD players was invalidated by heavy dumping, causing closure of production in Europe. European CTV industry succumbed under permanent dumping and a series of biases a€“ as the interest of a state-owned company a€“ and serious errors making trade instruments void and rules irreconcilable with international agreements. Practical and theoretical examples and explanations, some in detail, of trade rules are provided. The book sketches events a€“ carelessness, prejudice or special interests, arbitrary and false application of trade instruments and fraud a€“ resulting in disappearance of various European electronics business segments.While investigations by the European Commission on CD player dumping from Singapore, Taiwan and Malaysia progressed, a sensible managing director of Philipsa#39; CD player business wondered what would occur when Japanese producersanbsp;...

Title:International Trade Policy and European Industry
Author:Marcel van Marion
Publisher:Springer Science & Business Media - 2013-07-03


You Must CONTINUE and create a free account to access unlimited downloads & streaming