In 1988, Senator Ernest Hollings of South Carolina was quoted as saying that going the 201 route

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In 1988, Senator Ernest Hollings of South Carolina was quoted as saying that “going the 201 route is for suckers.” By this, he appeared to mean that American firms seeking protection from foreign competition would do better by using other trade remedies. Given your knowledge of how Section 201 and alternative forms of U.S. trade laws are administered, do you agree with the senator’s statement? Why or why not?

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International Economics

ISBN: 9780321783868

9th Edition

Authors: Steven Husted , Michael Melvin

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