Foreign Investment and American Jobs: Hearings Before the Subcommittee on International Economic Policy of the Committee on International Relations, House of Representatives, Ninety-fourth Congress, Second Session ...
United States. Congress. House. Committee on International Relations. Subcommittee on International Economic Policy
U.S. Government Printing Office, 1976
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abroad additional adjustment agreements American apparel assistance average BIESTER capital Chairman clothing Committee companies competition CONGRESS THE LIBRARY cost cotton countries decline Department developed domestic earnings economic effects employment estimated example fact foreign affiliates foreign direct investment foreign investment gained garment Goldsmith Government HAWKINS impact imports increase industry Korea labor LIBRARY OF CONGRESS loss lost major manufacturing men's ment million multinational operations percent Philadelphia plants positive possible present problem production question reason relationship relatively reports represents result retail SAMUEL skill South Korea statement statistics subcommittee suggest survey Table tariff textile and apparel Thank tion trade TYLER U.S. exports U.S. firms U.S. foreign U.S. multinationals understand United wage WHALEN workers
Página 63 - Mr. Chairman and members of the subcommittee, I appreciate the opportunity to present my views on the complex and frequently frustrating issue of the employment effects of foreign operations of US firms.
Página 75 - In Communist and other closed economies, the transfer is a one-way street for the United States and its workforce, with some quick returns for the multinational managers. If they enter into a partnership with a communist country. however, the US multinational gets a chance to "compete" for the US market from abroad.
Página 73 - ... markets for manufactured products even before the detailed bargaining begins, as the quid pro quo for still more agricultural exports. We see nothing in the Trade Act of 1974 that authorizes the further sacrifice of sections of American industries and the jobs of workers in those industries. In addition, co-production agreements are being approved by the US government — agreements which provide for jobs and production abroad to produce much of the final US "sale
Página 68 - Professional, technical and Kindred Workers - Managers and Administrators, except Farm - Clerical and Kindred Workers...
Página 9 - US hours measure is hours paid; the hours measures for the other countries are hours worked. Compensation (labor cost) includes all payments in cash or kind made directly to employees plus employer expenditures for legally required insurance programs and contractual and private benefit plans. In addition, for some countries, compensation is...
Página 36 - Pogo was right 555 when he said; "we have met the enemy and they is us
Página 72 - US-based multinationals include America's largest financial institutions, manufacturers, shippers, builders, oil producers and service industries. They are defense contractors and government contractors. They have no single size or form of operations. They operate as private corporations in the US, but abroad, in some instances, they join forces with nations that wage economic warfare against the United States.
Página 12 - I think the American people are entitled to know whether or not any more do exist there.
Página 73 - For most products, details on these interchanges of parts, within the planned schemes of multinationals are not reported — even to the government. And multinationals which use the planned economies of foreign countries, whose planning is precise, often fight any US barrier.8.