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Murphy says mobile sensor data will allow adaptive interventions for maximizing healthy outcomes

Frey comments on why sunbelt metro area economies are still struggling

Krause says having religious friends leads to gratitude, which is associated with better health

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PSC Fall 2014 Newsletter now available

Martha Bailey and Nicolas Duquette win Cole Prize for article on War on Poverty

Michigan's graduate sociology program tied for 4th with Stanford in USN&WR rankings

Jeff Morenoff makes Reuters' Highly Cited Researchers list for 2014

Next Brown Bag

Monday, Nov 3
Melvin Stephens

Economic Impact of the U.S. Export Trading Company Act

Archived Abstract of Former PSC Researcher

Levenstein, Margaret, and Valerie Y. Suslow. 2007. "Economic Impact of the U.S. Export Trading Company Act." Antitrust Law Journal, 74(2): 343.

Over the past fifteen years, countries around the world have embraced global markets. This increased economic integration has required a corresponding commitment to policies that promote effective global competition. Within the context, many have questioned the longstanding practice in which countries provide exemptions from national antitrust laws to firms engaged in joint export activities. Numerous countries have eliminated such exemptions over the last decade. In this article, the authors contribute to the policy discussion by providing an empirical analysis of the largest extant policy certifying joint export activity, the US Export Trading Company Act (1982). Congress passed the Export Trading Company Act (ETC Act) in 1982 in response to a concern that American firms were at a disadvantage in international markets, especially relative to Japanese firms that were encouraged to cooperate with one another by government agencies, such as the Ministry of International Trade and Industry. The purpose of the ETC Act is to "encourage exports by facilitating the formation and operation of export trading companies, export trade associations, and the expansion of export trade services generally."

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