Review: International Economics: Taxing Unfair International Trade Practices
| Author | Bernard M. Wolf |
| DOI | 10.1177/002070208103600416 |
| Date | 01 December 1981 |
| Published date | 01 December 1981 |
| Subject Matter | Review |
922
INTERNATIONAL
JOURNAL
ing
that
oil
supply
crises
will inevitably
be
internationalized
but
will
affect
different
countries
differently,
depending
on the
type of
crisis
and
the
situation
of
the
individual
countries.
He
analyses
different
types
of
disruptions, noting
their
differential
effects,
and
the
sources
of
potential
conflict
among
nations.
He
has
a
good discussion
of
the
problems
of
letting
the
oil
industry
manage
the
supply
situation
as far
as
possible which
is
by
and
large
the
present
policy
of the
Interna-
tional
Energy
Agency.
His
analysis
of
the
role
of
emergency
reserves
and
the
meaning
and
significance
of stock
figures,
which
vary
widely
in
their
coverage
among
different
countries,
is
especially
illuminating.
The
policies
of
the
United
States,
France, Germany,
Italy,
Japan,
and
the
Netherlands
are
described. An
important
aspect
of
policy
relates
to
whether
the
stocks
held
by
the
oil companies
are
amalgamated
with or
segregated
from
those
held
by
governments.
Policies
of
companies
and
governments
with
respect
to
the
use
of
stocks
in
different circumstances
may
be
very
different,
and
the
significance
of
stockpiles
in
emergencies
is
affected
by
such
considerations.
Mr
Krapels concludes
his
study
with
a
series
of
recommendations.
Altogether,
for those
who take
comfort
in
the
build-up
of
strategic
stockpiles,
this
book will
be
disturbing.
Edith
Penrose/European Institute
of Business
Administration
TAXING
UNFAIR INTERNATIONAL
TRADE
PRACTICES
A
study
of
U.S.
antidumping
and
countervailing
duty
laws
Greyson
Bryan
Toronto:
D.C.
Heath,
ig8o,
xxii,
370pp,
$37-95
With
the
reduction
of
tariffs
resulting
from
the
Tokyo
Round
of
mul-
tilateral
trade
negotiations,
firms
seeking
protection
have
increasingly
attempted
to
utilize
various
non-tariff
measures.
This
volume,
which
is
more
aptly
described
by
its
subtitle,
'A
study
of
U.S.
antidumping
and
countervailing duty
laws,'
than
by
its
title,
deals
with
two such
prac-
tices.
The
book
is
divided
into
two
parts;
the
first,
about
two-thirds
of
the
pages,
deals
with
United
States
antidumping
law
and
practice
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