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Dumping on Free Trade: The US Import Trade Laws

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  • P Orzag
  • Joseph Stiglitz

Abstract

The passage of the Uruguay Round trade agreement represents a natural opportunity for us to review the policy goals of the US import trade laws, to assess how well current laws achieve those objectives, and to explore possible reforms. We argue that there are a variety of policy concerns that militate for a circumscribed set of import trade statutes. The relevant US 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. We discuss possible reforms in the final selection of the paper.

Suggested Citation

  • P Orzag & Joseph Stiglitz, 1994. "Dumping on Free Trade: The US Import Trade Laws," CEP Discussion Papers dp0210, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepdps:dp0210
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    1. is not listed on IDEAS
    2. 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.
    3. 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.
    4. repec:osf:osfxxx:2twmp_v1 is not listed on IDEAS
    5. 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.
    6. Huynh, Pham Duy Anh, 2023. "Non-market economy status in anti-dumping investigations and proceedings: A case study of Vietnam," OSF Preprints esw4b, Center for Open Science.

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