Antidumping is a threat to the liberal trading system that post-World War II Western leadership struggled courageously and effectively to create. It offers a GATT-legal means to destroy the GATT system, leading to restrictions on more U.S. imports than even the Multi-Fibre Arrangement.
This book presents studies of five industries whose exports have been hard hit by antidumping actions. Each of these studies avoids the legalisms and the jargon of antidumping and answers a straightforward question: was the national economic interest of either the exporting or the importing country improved by the antidumping actions that were taken? The contributors not only ask questions and present viable answers, but also provide a proposal that offers both consistence with GATT and good economics.
This book will be of interest to lawyers, political scientists, economists, and business people. It has intentionally avoided the specialized language of trade regulation so that it may be more readily accessible to anyone interested in international commercial policy.
Part 1. Overview
1. Antidumping Is Where the Action Is by J. Michael Finger 3
2. The Origins and Evolution of Antidumping Regulation by J. Michael Finger 13
3. Lessons from the Case Studies: Conclusions by J. Michael Finger 35
4. Reform by J. Michael Finger 57
Part 2. Industry Studies
5. Brazilian Frozen Concentrated Orange Juice: The Folly of Unfair Trade Cases by Carlos Alberto Primo Braga and Simao Davi Silber 83
6. The Development of the Colombian Cut Flower Industry: A Textbook Example of How a Market Economy Works by Jose A. Mendez 103
7. The Korean Consumer Electronics Industry: Reaction to Antidumping Actions by Taeho Bark 121
8. Stainless Steel in Sweden: Antidumping Attacks Responsible International Citizenship by Gunnar Fors 137
9. Chemicals from Poland: A Tempest in a Teacup by Andrzej Olechowki 163
Part 3. Enforcement Studies
10. The Antidumping Experience of a GATT-Fearing Country by Gary Banks 183
11. Enforcement of Canadian Trade Remedy Laws: The Case for Competition Policies as an Antidote for Protection by Mark A. Dutz 203
12. Antidumping Enforcement in the European Community by Angelika Eymann and Ludger Schuknecht 221
13. Antidumping and Countervailing Duty Enforcement in the United States by J. Michael Finger and Tracy Murray 241