Financial management discussion questions

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Financial Management

Discussion 1:

1. The US Office of Trade says, "A company is said to be "dumping" if it exports a product at a price lower than the price it normally charges on its own market, or alternatively, lower than its cost of production or the price it charges in third country markets. The Antidumping Agreement sets the rules for allowing Members to take action against dumping in order to defend its domestic industries. The Department of Commerce and the U.S. International Trade Commission conduct antidumping investigations in the United States."

Source: http://www.ustr.gov/trade-agreements/wto-multilateral-affairs/wto-issues/trade-remedies/anti-dumping

The so-called term, "dumping" could have been called "discounting" or any other word. As a consumer, it doesn't make a difference what a company charges for its products; they should be able to adjust prices in any fashion. What do you think? As an example, being the founder and owner of Ferrari, Bugati, Lamborgini, or any other vehicle, our artists created and designed a fantastic machine. Creators of any product or service should be able to sell it cheaper in certain markets, or higher in others.

2. Tariffs effectively raise the price of goods imported from different countries. How do you feel about this?

"A tariff or duty (the words are used interchangeably) is a tax levied by governments on the value of imports or exports."
Source: export.gov/logistics/eg_main_018130.asp

Who benefits from tariffs is the true question... where does the money 'really' go? Also, the idea of 'free trade' is not what it seems. Tariffs are no different than dumping regulations that should be eliminated for the enrichment of humanity. What would the world be like if people in any country could trade goods and services freely without paying useless fees to governments? The bottom line is that tariffs should be eliminated since they do not benefit companies or consumers.

3. In your opinion, have U.S. companies effectively lobbied for antidumping regulations and tariffs just to gain a competitive advantage domestically? Has this been effective? Why or why not?

In my opinion, based on the previous responses, US companies did not lobby solely to gain a competitive advantage. Rather, the argument is more about freedom to trade with anyone, anywhere, and not pay additional fees for transactions. Lobbying for antidumping regulations and tariffs has not proved to be effective since the status quo still remains.
Source: http://trade.gov/enforcement/

Also, note that part of the greater issue is that the United States is a corporation. Corporations are in BUSINESS to make money - and increase profits. Therefore, transactions or operations of the government are primarily based on revenue, not for the benefit of humanity, but money. States, cities, towns, and people are also incorporated. Most people do not know this fact, but actually after learning this info, you'll realize that 'official' words or documents never say USA or the United States of America, but rather, it says, U.S. The U.S. refers to: United States Corporation that resides in its own District of Columbia; not in a "state" but it has its own territory, just like the vatican. In fact, most people think they are citizens of the USA country, when in fact, they are classified as economic 'citizens' of the US corporation.

Learn more through "Freeman" or Johnny Liberty's Global.Sovereign's.Handbook: http://www.freeinfosociety.com/media/pdf/3089.pdf

Learn more about money and another privately owned corporation called Federal Reserve:
The Money Masters: ...