What should we do about Indian protectionism?
India is largely successful because of the US market but India will not allow the exportation of Indian ebony unless all of the work to form it is done in India. Gibson guitars has been doing this work for around a 100 years and wants to do it with their workers. Of course this Fox News article blames Obama for enforcing Indian Law because that is the way they roll. Of course, we require India to enforce our intellectual property laws in India. http://www.foxnews.com/politics/2011/09/02/gibson-feds-want-guitar-woodwork-done-by-foreign-labor/?test=latestnews The question is how do we get India to back off.
Asked By: - 9/3/2011
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Well this isn't good and the government is going to have to address this issue. Some one told me that consumers can now buy directly from China and India saving money by eliminating the middle man. I found this is true when I bought some jewelry, DVDs and CD's. Even with shipping I saved money and discovered the mark... More
Answered By: tigeress - 9/3/2011
Additional Answers (3)
put them on a reservation, maybe?
Answered By: ellisdee - 9/3/2011
Wouldn't it be better for Gibson to import and grow their own trees? Problem solved without government intrusions.
Answered By: Anna - 9/3/2011
The return of protectionist trade policies, wherein we enact policies designed to allow only as much access to the American market as we are allowed to have in the foreign market - This along with triggers that adjust tariffs to comparable levels with each country we do business with, if they place high tariffs on our... More
Answered By: bpiccolo - 9/3/2011
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