To Enhance the Competitiveness of American Industry, and for Other Purposes: Hearing Before the Subcommittee on Economic Stabilization of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One-hundredth Congress, First Session, March 10, 1987, Volume 4U.S. Government Printing Office, 1987 - 569 pages |
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adjustment Administration agencies agriculture American antidumping areas assistance billion capital Chair OAKAR changes Commerce committee comparative advantage compete competitors Congress consumer corporate cost Council on Industrial debt decline dollar domestic effective exchange rate Federal foreign funds GATT impact important improve income increase Industrial Competitiveness Industrial Development Board industrial policy institutions intellectual property interest international competitiveness International Trade investment issues Japan Japanese KIAM labor legislation Loan Madam major manufacturing MAQUILADORA Mary Rose Oakar Mexico negotiations Ohio State University percent President private sector problem programs proposed recommendations reduce relief Remington Remington Products require shavers standard of living strategy Student Financial Aid Subcommittee Thank trade deficit trade policy U.S. companies U.S. competitiveness U.S. dollar U.S. economy U.S. exports U.S. industries U.S. international U.S. trade U.S. Trade Representative United workers world markets
Popular passages
Page 538 - to foster, promote and develop the foreign and domestic commerce
Page 434 - It is the policy of the United States that export trade by United States citizens be given a high priority and not be controlled except when such controls (A) are necessary to further fundamental national security, foreign policy, or short supply objectives, (B) will clearly further such objectives, and (C) are administered consistent with basic standards of due process.
Page 180 - The primary reason for our deteriorating trade imbalance was the 70 percent rise of the dollar that occurred between 1980 and the spring of 1985. This unprecedented increase in the dollar dramatically increased the price of American products relative to foreign products, causing the volume of US exports to decline while merchandise imports have increased by nearly SO percent.
Page 86 - Knowles can be found in the appendix.] Chair OAKAR. Thank you very much.
Page 543 - AND FACTS, PRODUCTION SHARING IN MEXICO USING AMERICAN-MADE COMPONENTS HAS: 1) IMPROVED US COMPETITIVENESS IN WORLD MARKETS; 2) HELPED MAINTAIN EMPLOYMENT LEVELS OF THE AMERICAN WORKFORCE; 3) SUPPORTED US FOREIGN POLICY INTERESTS; AND 4) PROVIDED AMERICAN CONSUMERS WITH COMPETITIVELY PRICED ALTERNATIVES TO IMPORTS OF WHOLLY FOREIGN ORIGIN. OUR...
Page 164 - Agency; the Council of Economic Advisors; and the Office of Management and Budget. The Report comprises six sections: • Section I describes the background and scope of the Report.
Page 403 - ... know they need access to world markets. The Administration, Congress and the US Trade Representative should continue to encourage Japan and other surplus countries like Germany to open their markets to exports, including those of the LDCs. An even more important contribution the Japans and Germanys of the world could make would be to utilize their excess savings and surplus in ways that encourage structural reform in the LDCs. That in turn can lead to opening developing country markets to the...
Page 173 - American standard of living, that is a prescription for failure. Recent US economic performance has failed to meet this test of competitiveness. While the US still has the strongest economy in the world, the day of unquestioned American preeminence may be over. Last year we had a trade deficit of $170 billion, the largest in our history. We have become the world's largest debtor nation. Our overall productivity performance and other measures of long-term competitiveness are inadequate relative to...
Page 183 - Reform the antitrust laws by recognizing the reality of international competition. Antitrust actions should be limited to actual damages. Sections 7 and 8 of the Clayton Act should be amended. It is important to distinguish between pro-competitive mergers and other mergers, and the unwarranted restrictions on interlocking directorates should be removed. • Take a new look at the Federal regulatory structure with a view to eliminating unnecessary regulations and improving the cost-effectiveness of...