This book describes European and Japanese nontariff barriers (NTBs) in areas of high-technology trade and discusses their impact on the international behavior of U.S. firms. This study was prompted by the rising incidence of nontariff measures in high-technology sectors, as governments increasingly attempt to promote the growth of new industries th
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.
This book explores the impact of Japanese and European nontariff barriers (NTBs) on the international marketing, investment, and technology strategies of small- to medium-sized high-technology U.S. firms. The study documents a pronounced dichotomy between strategies of small and large companies that, to a significant extent, reflects the gap in the resources, bargaining power, and familiarity with foreign markets of these two groups. Conclusions concerning the efficacy of corporate strategies adopted are supported by an analysis of over 20 case studies. These strategies range from licensing agreements with local firms to use of a trading company or local distributor, formation of a joint venture with a local firm, and establishment of a wholly owned subsidiary in the foreign market.
Mandated standards used for vehicle airbags, International Organization for Standards (ISO) standards adopted for photographic film, de facto standards for computer software--however they arise, standards play a fundamental role in the global marketplace. Standards, Conformity Assessment, and Trade provides a comprehensive, up-to-date analysis of the link between standards, product testing and certification, and U.S. economic performance. The book includes recommendations for streamlining standards development, increasing the efficiency of product testing and certification, and promoting the success of U.S. exports in world markets. The volume offers a critical examination of organizations involved in standards and identifies the urgent improvements needed in the U.S. system for conformity assessment, in which adherence to standards is assessed and certified. Among other key issues, the book explores the role of government regulation, laboratory accreditation, and the overlapping of multiple quality standards in product development and manufacturing. In one of the first treatments of this subject, Standards, Conformity Assessment, and Trade offers a unique and highly valuable analysis of the impact of standards and conformity assessment on global trade.
Nontariff Measures and International Trade includes 20 chapters authored by John Beghin and co-authors over the last 20 years on the economics of quality-standard like nontariff measures in the context of international trade. This book provides a coherent and comprehensive treatment of these nontariff measures, from their measurement to their effects on trade and welfare. In Part I, the authors use different perspectives to make the case that, unlike tariffs, quality-standard like nontariff measures are complex to measure and analyze and do not easily lead to general policy prescriptions. Then, Part II contains contributions on measurements of welfare and trade effects of nontariff measures, accounting for potential market imperfections. Part III presents chapters on the potential protectionism of nontariff measures when they are used to favor some economic agents over society. The last part presents cases studies of nontariff measures in different industries, markets, and countries.
At a time when the high-tech industry has increasingly demanded harmonized standards, China has signaled its intention to follow a different direction. China's recent actions seeking to set its own unique standards instead of adopting international standards shifts focus to the impact on international trade and the corresponding legal framework defining responsibilities for State members of the World Trade Organization. While trade barriers of the past - high tariffs and quotas imposed on imports - have been greatly reduced, less obvious impediments normally referred to as non-tariff barriers (NTBs) have in many cases replaced them. One area ripe for the incursion of NTBs concerns technology standards. The WTO's Agreement on Technical Barriers to Trade recognizes the important contribution that international standards can make by improving efficiency of production and facilitating the conduct of international trade, but also cautions that standards should not be used to create NTBs. China's WAPI standard provides a test-case for ICT standards and their relationship to the international trade regime. It serves to illustrate standards' dual nature as trade facilitators and indispensable elements of the ICT industry, on the one hand, and as potential measures of protectionism when applied inappropriately, on the other hand. As China's economic power grows and it becomes more adept at playing the standards game, it may find new means for pressing its own concerns in relation to international standards and trade-related issues.
This publication explores how Bhutan could boost its exports by addressing nontariff barriers to trade. It focuses on sanitary and phytosanitary measures and technical barriers to trade, and on export products that have the potential to increase their market share in Bangladesh, India, Maldives, Nepal, and Sri Lanka. It considers options including legal reforms, the upgrade of quality standards and laboratory equipment, and institution building of accrediting bodies and conformity assessment bodies. Practical recommendations suggest ways forward for both the public and private sectors.
