Trade Policy And Corporate Business Decisions (research Book From The International Business Education And)

fRADE POLICY AND CORPORATE BUSINESS DECISIONS International Business Education and Research Program Trade Policy and Corporate Business Decisions Edited by TAMIR AGMON and CHRISTINE R. HEKMAN A Research Book from the International Business Education and Research Program University of Southern California New York • Oxford OXFORD UNIVERSITY PRESS 1989 Oxford University Press Oxford New York Toronto Delhi Bombay Calcutta Madras Karachi Petaling Jaya Singapore Hong Kong Tokyo Nairobi Dar es Salaam Cape Town Melbourne Auckland and associated companies in Berlin Ibadan Copyright © 1989 by Oxford University Press, Inc. Published by Oxford University Press, Inc., 200 Madison Avenue, New York, New York 10016 Oxford is a registered trademark of Oxford University Press. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior permission of Oxford University Press. Library of Congress Cataloging-in-Pubiication Data Trade policy and corporate business decisions/edited by Tamir Agmon and Christine R. Hekman. p. em. Proceedings of the IBEAR Research Conference, held 4/7-9/87 at USC. Bibliography: p. Includes index. "An IBEAR research book." ISBN 0-19-505538-1 1. International business enterprises- Management—-Congresses. 2. United States—Commercial policy—Congresses. I. Agmon, Tamir. II. Hekman, Christine Ries, 1947- . III. IBEAR Research Conference (1st: 1987: University of Southern California) HD62.4.T7 1989 658'.049~- dc19 88-36854 CIP 987654321 Printed in the United States of America on acid-free paper Foreword This volume represents the work of the first IBEAR Research Conference. The IBEAR (International Business Education and Research) Program serves as the focal point for the promotion of international business teaching and research in the Graduate School of Business Administration at the University of Southern California. IBEAR began in 1978 as an executive MBA program for midcareer managers from Asia Pacific. In the 11 years since, more than 250 executives from countries in Asia and elsewhere have graduated from the IBEAR MBA program. As IBEAR has grown, the program has broadened to include the Pacific Rim Research Program and the Pacific Rim Management Program. The first is the research arm of IBEAR, the second deals with nondegree management development activities. Over the years it has become apparent that many of the key issues faced by the firms and enterprises of our various societies are not ones about which definitive resolutions are yet apparent. It is clear that as the world is becoming an increasingly transnational place, many issues are coming to be framed in ways that are new and nonroutine. IBEAR has responded to this development by designing activities within the Pacific Rim Research Program that will provide information and knowledge pertaining to these issues. During the 1986-87 academic year, IBEAR chose as its focus the relationship between trade policies and corporate business decisions. With respect to the trade policies, special attention was paid to the United States. With respect to the corporate business decisions, special a