刘平-商概资料-Ch04.pptVIP

Copyright ? 2005 Prentice Hall, Inc. All rights reserved. 4–* Local Content Requirements (buy local legislation) Some % of a good has to be produced domestically with local raw materials and local labor Used by LDCs to Achieve technology transfer, skills transfer Shift manufacturing base to a higher technological level Buy America Act Similar effects to those of import quotas Copyright ? 2005 Prentice Hall, Inc. All rights reserved. 4–* Dumping & antidumping Imperfectly competitive market: price discrimination Dumping: selling goods in an overseas market At below their production costs or Below “fair market value” Predatory (掠夺性) Sporadic （零星的） Permanent (under profit-maximizing conditions) Copyright ? 2005 Prentice Hall, Inc. All rights reserved. 4–* Profitable dumping Monopoly power: price-setter Keep market separate: prevent arbitrage A difference in the price elasticities of demand Copyright ? 2005 Prentice Hall, Inc. All rights reserved. 4–* Anti-dumping Policies Anti-dumping policies punish producers who dump and protect domestic producers The protection instrument of choice in 1980s Chinese exporters (80s & 90-03) Most frequently investigated producers(45%) Face a higher likelihood Face the highest level of duties imposed (127%) China: public enemy no. 1 in the US antidumping process Copyright ? 2005 Prentice Hall, Inc. All rights reserved. 4–* Chapter Review Discuss the rise of international business, describe the major world marketplaces. Explain the international trade theories. Discuss what factors influence whether a company should engage in international business. Identify different levels of international involvement and international organizational structure. Describe key barriers to international trade. Copyright ? 2005 Prentice Hall, Inc. All rights reserved. 4–* Questions for Analysis & Application Exercises Disney Theme parks What do you think motivated Disney to set up parks abroad, and what might be the pros and cons form the standpo