The document discusses dumping and anti-dumping duties. It defines dumping as international price discrimination where goods are exported at prices lower than in the home market. Reasons for dumping include predatory pricing strategies and subsidies. Anti-dumping duties are levied by the importing country on dumped goods to counter unfair trade practices and injury to domestic industries. The document also provides examples of India imposing anti-dumping duties on Chinese telecom equipment and the Indian shrimp industry organizing in response to anti-dumping action by the US.
An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. To protect local businesses and markets, many countries impose stiff duties on products they believe are being dumped in their national market.
An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. To protect local businesses and markets, many countries impose stiff duties on products they believe are being dumped in their national market.
World Trade Organization - functions, principles and trade agreements
Case Studies include USA vs Mexico (Tuna), USA vs ASIA (Shrimp) and USA vs EU (Poultry)
The presentation deals with the laws and treaties that govern the fair trading and businesses. GATT and GATS : The world wide accepted and signed treaties keep an eye over the international trade and make sure the imports and exports are fair.
This PPT is mainly on the basics of International Taxation which is confusing for many students and many professionals too nowadays. During this evolving world of multinational culture, International Taxation has gained significant importance of which all the professionals should be aware of.
I have tried to compile the concepts of international taxation in this PPT except the concept of Transfer Pricing which in itself is like a whole book.
I have inserted the core concepts which lead to the emergence of International Taxation in India.
In this, you will learn about the competition act, its feature and some cases on competition act,2002.
I hope, this presentation will help you in your work or helps you to enhance your knowledge.
This is and Corporate Law topic which I have covered.
World Trade Organization - functions, principles and trade agreements
Case Studies include USA vs Mexico (Tuna), USA vs ASIA (Shrimp) and USA vs EU (Poultry)
The presentation deals with the laws and treaties that govern the fair trading and businesses. GATT and GATS : The world wide accepted and signed treaties keep an eye over the international trade and make sure the imports and exports are fair.
This PPT is mainly on the basics of International Taxation which is confusing for many students and many professionals too nowadays. During this evolving world of multinational culture, International Taxation has gained significant importance of which all the professionals should be aware of.
I have tried to compile the concepts of international taxation in this PPT except the concept of Transfer Pricing which in itself is like a whole book.
I have inserted the core concepts which lead to the emergence of International Taxation in India.
In this, you will learn about the competition act, its feature and some cases on competition act,2002.
I hope, this presentation will help you in your work or helps you to enhance your knowledge.
This is and Corporate Law topic which I have covered.
Dumping its impact and measures in indiaSadhana Gowda
Dumping reflects a distorted market where production is supported independently of demand leading to depressed international agricultural prices, dumping causes unfair competition for small farmers in rural areas of developing countries, where 70% of the world’s poor live. The main causes for continuing dumping in international markets are export subsidies and support payments to producers that allow production without controlling supply.
Basis and Need for International Trade: Primary Effect of Natural Resources, Supply and Demand, Difference in Government policies (e.g. Taxes), TARIFFS, IMPORT QUOTAS, ADMINISTRATIVE BARRIERS, ANTI DUMPING LEGISLATION, DIRECT SUBSIDIES, EXPORT SUBSIDIES, EXCHANGE RATE MANIPULATION
General Motors AnalysisGeneral Motors AnalysisTeam 7Li.docxhanneloremccaffery
General Motors Analysis
General Motors Analysis
Team 7
Lisa Shepherd
Ashley Walker
Justin Iranpour
Heather Dobson
Jeremy Hensley
International Management
Kennesaw State University
Spring Semester
2/25/2016
1. Module 1 - Industry Analysis - General Motors
1.1 Which industry does your firm operate in?
According to IBISWorld Industry reports (n.d.), General Motors operates in the car and automobile manufacturing industry.
1.1.1 What is it’s SIC code (with description)?
General Motors SIC Code isSIC-3711 Motor Vehicles & Passenger Car Bodies and 37140000 Motor vehicle parts and accessories. According to Barchart.com (n.d.), the description is, “General Motors Company is engaged in the designing, manufacturing and retailing of vehicles globally including passenger cars, crossover vehicles, and light trucks, sport utility vehicles, vans and other vehicles. Its business is organized into three geographically-based segments- General Motors North America (GMNA), General Motors International Operations (GMIO) and General Motors Europe (GME). General Motors Company is headquartered in Detroit, Michigan, the United States of America.”
1.1.2 Which IBISWorld Industry reports apply to your firm?
Car & Automobile Manufacturing in the US - 33611a
1.1.2.1 What is the IBISWorld definition of your industry?
According to the IBISWorld (n.d), “Companies in this industry manufacture cars and automobile chassis. These operations, which are referred to as automakers, typically produce cars, including electric cars, in assembly plants. The manufacture of light trucks (e.g. vans, pickups and SUVs), heavy trucks and motorcycles is excluded from this industry.”
1.1.2.2 Please summarize your industry structure from the ten items in the table on the industry at a glance page. Additionally please briefly explain the implications of each item for firms in that industry
Life Cycle Stage
This is a mature industry in existence since the late 1800s. The IVA, industry value added, was expected to grow at a rate of 7.6 percent per year from the years 2010 to 2020, despite the industry suffering greatly after the 2008 recession. This rate is three times the growth rate of the GDP, yet the industry is still mature; the elevated IVA shows that the industry is recovering well from the recession. Another sign that the industry is mature is that the number of industry locations decline at an annual rate of 1.2 percent per year over the same time frame. The final reasons that the industry is mature are that production efficiency has been improved and any threat of a real decline has been alleviated by recent performance (Industry Outlook, n.d.).
Revenue Volatility
From the years 2010 to 2015 the industry has seen high revenue volatility levels. In the automobile induernment policy (Operating Conditions, n.d.).
Concentration Levelstry new features and models can influence sales. When innovative features are introduced buyers have a greater incentive to u ...
01062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
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03062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
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El Puerto de Algeciras continúa un año más como el más eficiente del continente europeo y vuelve a situarse en el “top ten” mundial, según el informe The Container Port Performance Index 2023 (CPPI), elaborado por el Banco Mundial y la consultora S&P Global.
El informe CPPI utiliza dos enfoques metodológicos diferentes para calcular la clasificación del índice: uno administrativo o técnico y otro estadístico, basado en análisis factorial (FA). Según los autores, esta dualidad pretende asegurar una clasificación que refleje con precisión el rendimiento real del puerto, a la vez que sea estadísticamente sólida. En esta edición del informe CPPI 2023, se han empleado los mismos enfoques metodológicos y se ha aplicado un método de agregación de clasificaciones para combinar los resultados de ambos enfoques y obtener una clasificación agregada.
An astonishing, first-of-its-kind, report by the NYT assessing damage in Ukraine. Even if the war ends tomorrow, in many places there will be nothing to go back to.
31052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
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‘वोटर्स विल मस्ट प्रीवेल’ (मतदाताओं को जीतना होगा) अभियान द्वारा जारी हेल्पलाइन नंबर, 4 जून को सुबह 7 बजे से दोपहर 12 बजे तक मतगणना प्रक्रिया में कहीं भी किसी भी तरह के उल्लंघन की रिपोर्ट करने के लिए खुला रहेगा।
3. “Dumping is a situation of international price
discrimination, where the price of a product when
sold to the importing country is less than the
price of the same product when sold in the
market of the exporting country.”
Group no. 14 MCC .TYBMS (2011)
4. Example: China & India Coming Into International
Business Transaction….!!
Product: Fertilizers & Pesticides
Exporter Importer
e.g. China Selling India
Home Foreign
Market Market
Lower Than the Home
Market Price
Group no. 14 MCC .TYBMS (2011)
5. As a short-term predatory pricing
strategy to drive competitors out
of the market
As a result of market intervention
or state subsidies that enable
companies to artificially lower
their prices
Group no. 14 MCC .TYBMS (2011)
7. Fundamental parameters are determined.
a) Normal domestic selling price of the product
or similar products in the exporting country.
b) Export price being offered in the importing
country.
Domestic price of exporter > export price
Dumping = price discrimination between national
markets
Dumping causes import nation injury…!! .TYBMS (2011)
Group no. 14 MCC
8. Injury parameters include factors such as:
o Actual or potential decline in sales
o Loss of profits
o Decrease in Market share
o Low Capacity utilization
o Lower Employment
o Wages
o Ability to raise capital
Group no. 14 MCC .TYBMS (2011)
9. When the price causes or threatens to cause
material injury to the domestic industry of the
importing country can there be an action against
dumping.
An anti-dumping investigation can be started
only if there is a written complaint on behalf of
the domestic industry.(a significant share of the
domestic producers have to support the
complaint).
Group no. 14 MCC .TYBMS (2011)
11. It is a measure to rectify the situation arising out of
the dumping of goods and its trade distortive effect.
Re-establish fair trade.
The use of anti dumping measure as an instrument
of fair competition is permitted by the WTO.
It provides relief to the domestic industry against the
injury caused by dumping and charge to exporters
country Anti dumping duty.
Group no. 14 MCC .TYBMS (2011)
12. Sufficient evidence to the effect that ;
there is dumping
there is injury to the domestic industry; and
there is a causal link between the dumping
and the injury, that is to say, that the dumped
imports have caused the alleged injury.
13. ANTIDUMPING DUTY NORMAL CUSTOMS DUTY
To guard against unfair means of raising revenue and for
trade practices overall development of the
economy.
trade remedial measures. trade and fiscal policies of the
Government
not necessary in the nature Necessary in nature
levied against exporter universally applicable to all
specified by the importing imports irrespective of the
country. country of origin and the
exporter.
Group no. 14 MCC .TYBMS (2011)
15. India to impose antidumping duties on some
equipment imported from China.
Chinese companies entered the Indian
telecom market, offering products and
services at prices about a third cheaper than
that of global competitors.
Indian manufacturers hurt as well
Group no. 14 MCC .TYBMS (2011)
16. Fibrehome Telecommunication Technologies
Ltd. will have to pay a duty of 23.6%, Alcatel-
Lucent Shanghai Bell Co. 29% and Israel's ECI
Telecom Ltd. 93% on equipment imported
from China
Group no. 14 MCC .TYBMS (2011)
17. The Indian Shrimp
Industry Organizes to
Fight the Threat of Anti-
Dumping Action
(CASE STUDY)
Group no. 14 MCC .TYBMS (2011)
18. The Ad Hoc Shrimp Trade Action Committee
(ASTAC), an association of shrimp farmers in eight
southern states of the United States, filed an anti-
dumping petition against six countries —
Brazil, China, Ecuador, India, Thailand and Vietnam.
The petition alleged that these countries had dumped
their shrimps in the US market.
on 21 January 2004 the US Department of Commerce
(DOC) announced the initiation of anti-dumping
investigations against the six countries.
Group no. 14 MCC .TYBMS (2011)
19. The six named countries accounted for 74% of shrimp
imports in the US market.
Imports from the six countries increased from 466 million
lbs. in 2000 to 650 million lbs in 2002.
Import prices of the targeted countries had dropped by 28%
in the previous three years.
The average unit value of the targeted countries in 2000 was
$3.54; this had fallen to $2.55 in 2002, on a headless, shell-on
equivalent basis.
Group no. 14 MCC .TYBMS (2011)
20. The average dockside price for one count size of gulf
shrimp dropped from $6.08 to $3.30 per pound from 2000
to 2002.
The United States was the most open market in the world.
High tariff rates in other large importing countries
provided a powerful incentive for exporters to increase
shrimp shipments to the United States.
Group no. 14 MCC .TYBMS (2011)
21. Commerce Minister on the possible threat to
Indian shrimp exports to the United
States, SEAI(Seafood Exporters Association
of India (Kochi, Kerala, India). and
MPEDA(The Marine Products Export
Development Authority) went into action.
Group no. 14 MCC .TYBMS (2011)
22. First, there are specific variations between
the shrimp caught off the south-west coast of
the United States and in Indian waters, so
that prices are bound to be different.
India’s shrimp exports are predominantly of
black tiger and scampi varieties which are not
cultivated in the United States’, according to
the president of SEAI.
Group no. 14 MCC .TYBMS (2011)
23. Second, while fishing in the United States is a
capital-intensive activity calling for major
investment, in India shrimp capture is carried
out with a very low level of capital and
requiring hardly any investment.
This makes the cost of production
considerably lower in India compared with that
for shrimp sea-caught off the US coast.
Group no. 14 MCC .TYBMS (2011)
24. Department of Commerce observed that
India had a strong case as India was exporting
mainly ‘tiger shrimps which are not found
there and that too, in unprocessed form’.
Noting that 80% of shrimp consumption in
the United States is met through imports.
Group no. 14 MCC .TYBMS (2011)
25. Shrimp exports to the United States had
come almost to a standstill due to the
uncertainty regarding the contingent
applicability and incidence of the anti-
dumping duty.
Group no. 14 MCC .TYBMS (2011)
26. The shrimp industry in India shouldn’t have
been focused on only one or two major
markets for growth.
Previously it was Japan and during the last
few years, it has been the United States.
Group no. 14 MCC .TYBMS (2011)
27. India learnt the importance of diversification.
A. J. Tharakan, the SEAI president, has said
that they are exploring alternative markets to
make up for the loss of the lucrative US
market.
Group no. 14 MCC .TYBMS (2011)
28. “On 27th Jan, 2010 exports to
US were resumed.”
Business line newspaper– 1st
Feb, 2010
Group no. 14 MCC .TYBMS (2011)