scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 849
Turn Around is Fair Game Americas size and prosperity have made it the largestconsumer of imported products in the world Brightly lit shopping malls adornedwith the latest foreign-made apparel gadgets and trinkets testify to thevast selection of goods available for purchase There is a dark side to thisenormous quantity of choices a hefty price tag - the federal deficit Unfairtrade agreements and predatory pricing strategies and practices from abroadplaced those goods on the stores shelves The United States Trade RepresentativeUSTR who is directly responsible to the President and Congress for tradenegotiations is forecasting a two hundred billion-dollar trade deficit forfiscal year 1996 The American people must demand reciprocal trade agreementsfor overseas business competitors Complimentary trading would put an endto subsidized dumping curb the loss of manufacturing jobs and tear downthe barriers associated with free trade The practice of selling items at a price less than whatit costs to make them is called dumping Foreign governments subsidize themanufacturing processes of certain industries so their companies can displacethe competitions industry The television industry is a perfect exampleof subsidized dumping The post World War II infusion of subsidized Japanese-madetelevisions terminated the United StatesUS television manufacturingindustry In the late 1950s half a million units crossed our borders taxand tariff free These television sets were made using cheaper componentsand cheaper labor However the cost of transportation which would normallyescalate each individual price was paid for by the Japanese governmentThe pioneering inventors of the electronic marvel were forced out No longerable to compete by meeting rapidly declining prices companies had to stopproduction liquidate all available assets and release their entire workforce Unemployment figures for 1996 are predicted to be at sevenpercent USTR 1996 This equates to nearly twenty million skilled Americanworkers without jobs The math is simple imports cost an economy jobs exportsproduce jobs Reciprocal trading contracts would definitely curb the exponentialloss of manufacturing jobs Trade barriers are the largest problems facing Americancompanies in overseas markets The obstructions are sometimes
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA