International Business Law and Its Environment 8th Edition by Richard Schaffer – Test Bank

CHAPTER 11—REGULATING IMPORT COMPETITION AND UNFAIR TRADE

TRUE/FALSE

1. In the Pesquera Mares Australes v. United States case, the court found that the Chilean salmon exporter had not violated U.S. antidumping laws.

ANS: F PTS: 1

2. Governments frequently impose regulatory methods to control imports into their markets.

ANS: T PTS: 1

3. The GATT escape clause allows member nations to take temporary measures to protect a domestic industry.

ANS: T PTS: 1

4. In the Bulk Aspirin from China case, the ITA decided to treat the private exporters the same as the government-owned exporters.

ANS: F PTS: 1

5. In the case regarding the importation of motorcycles into the United States, it was found that the imports posed no serious threat to domestic motorcycle sales.

ANS: F PTS: 1

6. If domestic workers are damaged by foreign competition, they may be entitled to federal worker adjustment assistance.

ANS: T PTS: 1

7. Dumping does not require that the product be sold in the home country for less than the cost to produce it.

ANS: T PTS: 1

8. To obtain import relief under U.S. law, the domestic industry must prove that the foreign producer or government has undertaken an illegal or unfair action in its export policy.

ANS: F PTS: 1

9. The International Trade Commission is the U.S. agency that makes the final determination whether or not import relief will be granted to a domestic firm.

ANS: F PTS: 1

10. A provisional measure is a tariff imposed by a country in order to ensure that dumping does not take place.

ANS: F PTS: 1