International Trade Policy and European Industry

International Trade Policy and European Industry

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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.Tosoh convincingly confirmed the dumping already evidenced by Japanese producersa#39; royalty statements. Tosoh proposed to PDO Media a joint venture for common production in Japan of more advanced discs than those actually producedanbsp;...

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


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