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Some Ethical Issues in Trade Policy: Management Ethics versus the Law

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  • Robert W. McGee

    (Seton Hall University)

Abstract

There are a number of ethical issues in the area of international trade that affect managers. This article will address two ethical issues that have been almost totally neglected in the literature -- antidumping and sanctions. Antidumping laws are special interest legislation. Rather than protecting the general public, they are used by domestic producers to feather their own nests at the expense of the general public. Using the force of government to redistribute income in one’s own direction is prima facie unethical conduct. Economic sanctions, such as embargoes and blockades, often have a noble purpose, at least on the surface. Yet when one looks beneath the surface, one finds questionable practices and outcomes that may be viewed as unethical. The author calls for the abolition of antidumping laws and an individualistic approach to sanctions.

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Bibliographic Info

Paper provided by EconWPA in its series International Trade with number 9805004.

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Length: 8 pages
Date of creation: 30 May 1998
Date of revision:
Handle: RePEc:wpa:wuwpit:9805004

Note: Type of Document - Word 6.0 (Mac); prepared on Macintosh; to print on LaserWriter 4/600PS; pages: 8
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Web page: http://128.118.178.162

Related research

Keywords: ethics trade sanctions protectionism antidumping quotas;

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  1. Gary Clyde Hufbauer & Jeffrey J. Schott & Kimberly Ann Elliott, 1990. "Economic Sanctions Reconsidered: 2nd Edition," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 82.
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