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Essay / Research Paper Abstract
This 3 page paper looks at the SCM Agreement and the section that deal with like products and the actual or threat of injury to domestic industries explaining the content and application of the agreement in these areas. The bibliography cites 2 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEscmlike.doc
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Unformatted sample text from the term paper:
adopted (Trebilcock and Howse, 2005). Under the 1994 GATT there are three elements for establishing likeness, these are the same in the SCM, the products being considered are assessed looking
at the physical characteristics of those products, the end uses of the products and how consumers will utilize them and the classification that they will come under for trade tariffs.
It may be noted that some goods may have very similar characteristics and similar end uses, so the way that consumers use them can also be important, as seen in
the case of the Indonesian Timor car (Trebilcock and Howse, 2005). It was argued by the European communities that all passenger cars should be considered as like products, and when
considered in the broadest sense utilizing the three elements alone (Trebilcock and Howse, 2005), without context, they do appear to meet this need. However, there was a successful argument that
a small budget car; the Timor, would be unlikely to compete or have any impact on demand or sales for a large luxury car such as a Rolls-Royce (Trebilcock and
Howse, 2005). The panel agreed, and these two different categories of passenger car were not deemed to be like products (Trebilcock and Howse, 2005). The SCM defines domestic industry as
were the there is an industry where the production of the like products make up a significant amount of the proportion of those like products in the country (Van den
Bossche, 2008). However, where the industry itself is related to importing and exporting or importers where subsided goods are brought into the country. In unusual circumstances it is possible that
a nation state may have its market separated into two or more market divisions that are then seen as separate industries, making regional industries (Trebilcock and Howse, 2005).
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