Improving Productivity in U.S. Marine Container Terminals (1986) / Chapter Skim
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Trends in World Trade: Implications for U.S. Marine Terminals
Trends in World Trade: Implications for U.S. Marine Terminals
Pages 62-68
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From page 62... ...
IYade between the United States and its competitors in the European Common Market and Japan will grow much more intense; there will be more conflict and antagonism among Richard King, who presented this keynote address at the symposium, is president of Richard King International, advisers to American and foreign executives on international business strategies, with emphasis on the Pacific Basin.
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From page 63... ...
There will also be increased friction in Asia and the Pacific. These conflicts are escalating today because, in my opinion, the United States is trying to increase protection of its domestic markets.
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From page 64... ...
The United States will have to find new mechanisms to finance that debt. Deliberate development of countertrade offers a partial alternative to increased debt.
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From page 65... ...
It wound up with a manufacturing facility in Taiwan, employing Chinese and other labor, shipping to Asia and other parts of the Pacific Basin, and finally reassembling in other countries and shipping to the United States. The resulting product is very competitive in the United States.
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From page 66... ...
To summarize, the Pacific Basin looks ahead at continued fast growth, but the pace of growth will slow, particularly in electronics, textiles, and basic manufacturing. GOVERNMENT POLICY IMPACT ON WORLD TRADE Changes in government policy affect international trade.
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From page 67... ...
choosing marketing and manufacturing strategies that combine worldwide least cost with best access to resources and technology; . choosing financial strategies that spread risk across countries and include the ability to raise capital on a global basis; ~ using a worldwide work force that makes best use of comparative costs and technical expertise; and ~ developing global distribution systems and information networks.
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From page 68... ...
We must welcome foreign investment, cater to joint ventures, look at the effect of user fees and import surcharges on ports and international trade, and ask ourselves, "Is this good policy in the long run? " The answers will not come easily.
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