played in improving the U.S. economy. According to Satterlee, after the enactment of the 1934 act, U.S. based business benefitted from the lower or no tariffs and flourished in the international market. The subsequent success of the FTZ program and firms in the program led to growth in the U.S. economy and increased participation in the FTZ program by manufacturing firms. b. How the cited work relates to the other 4 works researched: Amongst my other articles researched, some were advocators of the FTZ program and international trade, in one form or another, while 1 offered a critical view of the program. The articles ranged from (1) examining a bill introduced by the 110 th congress (HR6415) aimed at setting parity in the tariffs enjoyed by freed trade agreement partners with the United States and the tariffs imposed on FTZ imports into the domestic U.S. market; (2) another article looked at how developed and large market countries exported more than developing countries, both in
FOREIGN TRADE ZONE 7 terms of volume and variety of exported products; (3) article 3 was an interesting work. It examined French exporters and reviewed how their exporting activities encouraged other business to start exporting themselves, in a term called “export spillovers”. (4) The final article took a critical view of FTZ and demonstrated that while FTZ gets good coverage in the specialized business journals and media, they get little or no coverage in the major news media and draw little attention outside of interested parties. References Koenig, P. (2009). Agglomeration and the export decisions of French firms. Journal of Urban Economics, 66(3), 186–195. . Niroomand, E., N., F. (2009). Geographic and income anatomy of international exports. Journal of Economic Studies, 36(1), 5-16. . Orenstein, D. (2011). Foreign-Trade Zones and the Cultural Logic of Frictionless Production. Radical History Review, 109, 36-61 . DOI 10.1215/01636545-2010-014. Post, T. (2015). Extending Foreign Trade Zone Status to a Single Manufacturer. EconomicDevelopment Journal, 14(3), 37-43. http://ezproxy.liberty.edu:2048/login?url=.
Journal of Economic Studies, 39(1), 13-30. . Satterlee, B. (2014). Cross Border Commerce: With Biblical Worldview Applications. Raleigh, NC. Synergistics International Inc.
You've reached the end of your free preview.
Want to read all 8 pages?
- Fall '10
- International Trade, foreign trade zone, FTZ