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- W52465195 abstract "This chapter discusses the trade adjustment assistance and import competition. The legislative history of the Trade Expansion Act seems to indicate that it views the aggregate of all concessions granted since 1934 and has consistently—although not always unanimously—considered the total reductions since the beginning of the trade agreements program, not necessarily only the most recent concessions granted. The commissioners have asserted that concessions granted years or even decades before imports increased have become a part of the totality of market conditions and cannot be singled out as the major cause of increased imports. The Commission has recognized that the chain of events indicated is not likely to be instantaneous. Normally, the physical plant in the exporting countries must be expanded to meet the increased demand caused by tariff reductions, and a time lag between the two events should realistically be expected. More formally, trade concessions may be the cause of increased imports if the occurrence of concessions is sufficient for the subsequent occurrence of increased imports. This would imply that whenever concessions are granted, increased imports follow in quick succession. It would appear that determining the eligibility of an industry, firm, or group of workers for adjustment assistance under the foregoing criteria has been rather difficult, mostly because of the required double show of causality and because of the paucity of supporting data that could be fitted into a statistical model that could materially assist the decision process." @default.
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- W52465195 date "1977-01-01" @default.
- W52465195 modified "2023-09-23" @default.
- W52465195 title "TRADE ADJUSTMENT ASSISTANCE AND IMPORT COMPETITION" @default.
- W52465195 doi "https://doi.org/10.1016/b978-0-12-681050-9.50011-5" @default.
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