Dumping on Free Trade: The U.S. Import Trade Laws

Joseph Stiglitz

Southern Economic Journal, 1997, vol. 64, issue 2, 402-424

Abstract: The passage of the Uruguay Round implementing legislation represents a natural opportunity to review the policy goals of the U.S. import trade laws, to assess how well current laws achieve those objectives, and to explore possible reforms. I argue that there is a variety of policy concerns justifying a circumscribed set of import trade statuses. The relevant U.S. laws, however, have largely become divorced from such national welfare considerations and are now too often a mechanism for furtive protectionism. The Uruguay Round effected some (marginal) improvements but left the fundamental structure of the laws unchanged. I discuss possible reforms in the final section of the paper.

Date: 1997
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https://doi.org/10.1002/j.2325-8012.1997.tb00064.x

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Working Paper: Dumping on Free Trade: The US Import Trade Laws (1994)
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Persistent link: https://EconPapers.repec.org/RePEc:wly:soecon:v:64:y:1997:i:2:p:402-424

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