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Monday, July 15, 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 today and because of the imp fleck, many things beat changed - including how countries operate with each new(prenominal). Thus, supranational distribute has evolved into a multiplex system of trade barriers to visualize the rampart of national servicing perseverance and its workers interests. The trade impediments and subsidies take on cherishive tariffs, mo quotas, non-tariff barriers i.e. licensing, and exportation subsidies. In addition the international laws created by the WTO, the US authorities likewise employs the use of protective tariffs and export subsidies to protect and aid its home(prenominal) industry. These duties are designed to scale the domestic industry from impertinent competition - one of the nigh tell tariffs the US government uses in the Antidumping (AD) duty, which is similar to the WTO Antidumping Agreement. chuck out is the change of a harvest- date on a opposed grocery store at a price slight than fair tax. This example can cause material injury to the domestic industry producing a similar product. To raise this problem, AD is taxed on proper(postnominal) imports to raise their price. Although this is non a new pr moveice, it was the archetypical time Kanzen Berhad (KB), a stainless leaf blade subsidiary of Kanzen Tetsu Sdn. Bhd (KTSB), was set to the highest degree with an antidumping action filed by the US industry.
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Mr. Eu Hong Chew, Senior coach 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 hear the case? In the take 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 going to get a encompassing essay, order it on our website: Ordercustompaper.com

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