What duties does the US International Trade Commission perform?

Written Assignment Due: Friday, December 11, 2009
2131202
Submit to: Blackboard Dropbox

Value: 200 points

Objective: Explain (how) the government intervenes in the market to affect output.

Assignment: Write a 800-1,000 word paper (about 4 pages double-spaced) describing the function of the US International Trade Commission (USITC) and its intervention in US product markets. Include at least one table in the paper (consult the homework rubric for specifics). Observe APA guidelines.

Respond to the following questions (make each response a separate paragraph)

1. What duties does the US International Trade Commission perform? (To answer this question, go to www.usitc.gov )

2. How does this organization differ from the World Trade Organization (World Trade Organization)?

3. Identify and briefly describe three (per group member) USITC “determinations” relating to charges of unfair international trade practices that harm U.S. producers.

4. Analyze USITC determinations within the context of international trade theory (comparative advantage, exchange rates). What are the implications of USITC’s decisions?

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