An Analysis of Factors Influencing ITC Decisions in Antidumoing, Countervailing Duty and Safeguard Cases

This paper attempts to determine the economic factors that best explain the decisions of the International Trade Commission in antidumping, countervailing duty and safeguard cases, utilizing the economic data collected by the Commission for each investigation. We also consider the extent to which these factors measure the injury conditions and causation relationships specified in U.S. trade laws. Our analyses yield mixed results. For example, while the Commission tends to require declining profits and employment in an industry before recommending import protection in safeguard cases -- as specified in the law, it is not clear that it delineates between serious injury caused by increased imports and serious injury due to other factors. Similarly, in countervailing duty and antidumping cases, economic conditions, such as changes in industry shipments and the degree of capacity utilization, are taken into consideration in material injury decisions, but other factors one would expect to be associated with affirmative decisions, e.g., the ratio of unfair imports to consumption, do not seem to playa significant role. Some variables also enter significantly in the regressions that do not seem to be indicators of material injury.

An Analysis of US International Trade Commission Decisions in Antidumping, Countervailing Duty and Safeguard Cases

This paper investigates the economic factors that best explain the decisions of the International Trade Commission in administering the injury provisions of US antidumping, countervailing duty, and safeguard laws during the 1980s. Utilizing the economic data collected by the Commission for each investigation, it attempts to ascertain through regression analysis how strictly the commissioners have interpreted these laws in recent years, in terms of the economic conditions required for finding that an industry has been injured, and for establishing a causal relationship between imports and this injury.Antidumping Duties; Countervailing Duties; Safeguards; Trade Policy

Teaching Real-World Political Economy: Simulating a WTO Negotiation

If free trade is a no-brainer, why isn\u27t trade free? Students often express such sentiments at the conclusion of a typical international trade course, during which they have learned that free trade is optimal, but that countries continue to restrict trade substantially. This article describes a simulation of a round of trade liberalization under the auspices of the World Trade Organization (WTO). The simulation differs from others in the literature in that it represents a substantial component of the course, but it is not the course\u27s focal point. Because the simulation has proven beneficial to students, the article attempts to provide a blueprint that will enable other professors to implement the project with minimal start-up costs. © 2012 Copyright Taylor and Francis Group, LLC

Teaching Real-World Political Economy: Simulating a WTO Negotiation

If free trade is a no-brainer, why isn\u27t trade free? Students often express such sentiments at the conclusion of a typical international trade course, during which they have learned that free trade is optimal, but that countries continue to restrict trade substantially. This article describes a simulation of a round of trade liberalization under the auspices of the World Trade Organization (WTO). The simulation differs from others in the literature in that it represents a substantial component of the course, but it is not the course\u27s focal point. Because the simulation has proven beneficial to students, the article attempts to provide a blueprint that will enable other professors to implement the project with minimal start-up costs. © 2012 Copyright Taylor and Francis Group, LLC

Does a Business Curriculum Develop or Filter Critical Thinking

We investigate whether a business curriculum develops critical thinking ability or at least serves as a filter for critical thinking (i.e., students who cannot think critically tend not to progress toward graduation). We measure critical thinking by performance on the Watson-Glaser Critical Thinking Appraisal Short Form which was administered to a sample of 600 students enrolled in a junior-level operations management course. We find that students who have completed more credit hours score significantly higher than those with fewer hours completed. This advantage appears specifically evident in the areas of interpreting information and evaluating arguments

International Double Degree Programs as Accelerators for Internationalization: Lessons from the Trans-Atlantic Business School Alliance

The global nature of the modern business world has expanded the set of skills and attitudes necessary for success, even among new bachelor degree graduates. Although US business schools have primarily integrated international concepts through their curricula, students who stay at their home institutions for their entire degree programs do not live and experience the global business environment to the extent necessary for twenty-first-century careers. Short-term, semester- or year-abroad programs help to bridge this gap. However, carefully constructed undergraduate double degree programs can provide students with much richer experiences. This article provides a model for creating international undergraduate double degree programs in business, highlighting the main challenges and offering successful proven solutions employed by a group of American and European business schools that other institutions can adapt to accelerate internationalization and deepen students’ international experiences in American business schools