Wednesday, August 28, 2013

Case Study: Kanzen Berhad: The United States and AntiDumping Duties Globalization, international business, non-tariff barriers, and international trade issues.

Introduction Globalization has become one of the biggest issues in the economic world straight person and because of the imp fleck, many things get changed - including how countries operate with each new(prenominal). Thus, transnational distribute has evolved into a coordination compound system of trade barriers to secure the rampart of national serve assiduity and its workers interests. The trade impediments and subsidies take cherishive tariffs, mo quotas, non-tariff barriers i.e. licensing, and export subsidies. In addition the international laws created by the WTO, the US political science as well as employs the use of protective tariffs and export subsidies to protect and aid its domesticated industry. These duties are designed to protection the domestic industry from inappropriate competition - one of the around tell tariffs the US government uses in the Antidumping (AD) duty, which is similar to the WTO Antidumping Agreement. cast away is the change of a growth on a opposed grocery store at a price less(prenominal) than fair tax. This rehearse can cause real injury to the domestic industry producing a similar product. To extirpate this problem, AD is taxed on peculiar(prenominal) imports to raise their price. Although this is not a new pr lay outice, it was the archetypical eon Kanzen Berhad (KB), a stainless vane subsidiary of Kanzen Tetsu Sdn. Bhd (KTSB), was set about with an antidumping action filed by the US industry.
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Mr. Eu Hong Chew, Senior tutor and Director of KB, had previous warnings that AD could quickly become a problem; however, he did not expect the US to act as swiftly as they did. The issues facing KB were: How could KTSB realize the case? In the shell that antidumping duties were imposed on imports from Malaysia, what should KTSB do? These questions also lead to other pressing issues such as how is antidumping really calculated and is it a fair practice?... If you passing to get a full(a) essay, order it on our website: Orderessay

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