Negatives of trade as tool Flashcards
1
Q
Dumping allegations
A
- China was top offender in dumping in 1st half of 2010
- US increased tariffs on Chinese solar panels from 19-250% in May 2012
- SolaWorld prices collapsed 50% due to Chinese dumping
2
Q
IP rights
A
- China is largest producer of pirated goods
- 90 - 99% of software in China is pirated, including government used software
- counterfeits contribute 15-20% of GDP (20 - 25 billion p/a)