State Zs automobile manufacturing industry is one of the largest and most highly regarded in the world.
Question:
State Z’s automobile manufacturing industry is one of the largest and most highly regarded in the world. The industry is concerned that it may lose some of its domestic market share to inexpensive,low-quality cars manufactured in newly industrialized countries. To avoid this, the industry lobbies the State Z government until it enacts new standards for the sale of cars in the country. The standards are set in such a way that only cars manufactured in State Z can meet them.
Assuming that State Z is a member of the WTO, can the governments of those newly industrialized countries (also members of the WTO)
do anything to get State Z to rescind its new standards? Explain.
National Security and Public Morals mk5
Step by Step Answer:
International Business Law
ISBN: 9780133468717
6th Edition
Authors: Ray August, Don Mayer, Michael Bixby