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

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  • Joseph E. Stiglitz

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.

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  • Joseph E. Stiglitz, 1997. "Dumping on Free Trade: The U.S. Import Trade Laws," Southern Economic Journal, John Wiley & Sons, vol. 64(2), pages 402-424, October.
    • Handle: RePEc:wly:soecon:v:64:y:1997:i:2:p:402-424
    DOI: 10.1002/j.2325-8012.1997.tb00064.x
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    Cited by:

    1. Uwe Dulleck, 2005. "WTO's Anti-dumping Rule and the Protection of Incumbents," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 14(2), pages 229-239.
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    3. Huynh, Pham Duy Anh, 2022. "Non-Market Economy Status In Anti-Dumping Investigations And Proceedings: A Case Study Of Vietnam," OSF Preprints 2twmp, Center for Open Science.
    4. Yang‐Ming Chang & Philip G. Gayle, 2006. "The Continued Dumping and Subsidy Offset Act: An Economic Analysis," Southern Economic Journal, John Wiley & Sons, vol. 73(2), pages 530-545, October.

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