The Archive · 1938

Quotas and Dumping Abuses

Another method is the framing of regulations which really aim at some individual producer, while a third is the abuse of dumping measures. M. van Zeeland here advocates again the conclusion of bilateral agreements, and reference to arbitral bodies in the case of complaints.

The Belgian statesmen describes quotas as one of the most formidable obstacles to international trade. He recommends the gradual suppression of industrial quotas, but says there might be a higher tariff for quantities after the first quota is exhausted. The suppression of quotas, he adds, does not imply the suppression of international cartels.

No obstacles to international trade, M. van Zeeland continues, are more harmful and more formidable than from monetary disturbances or restrictions arising from the transfer of capital or commercial payments.

Text read from the printed page and cleaned; old type leaves the occasional error.

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