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Books > Business & Economics > Economics > International economics > International trade
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Foreign Investment in American Telecommunications (Hardcover, New)
Loot Price: R1,524
Discovery Miles 15 240
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Foreign Investment in American Telecommunications (Hardcover, New)
Expected to ship within 9 - 17 working days
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Restrictions on foreign investment in US telecommunications firms
have harmed the interests of American consumers and investors,
argues the author of this study. He seeks to show why these
restrictions, originally intended to protect America from the
perils of wireless telegraphy by foreign agents, should be
repealed. Basing his analysis on legislative history, statutory and
constitutional interpretation, and finance and trade theory, Sidak
demonstrates that these restrictions no longer serve their national
security purpose. Instead they deny American consumers lower prices
and more robust innovation, hamper access of American investors to
foreign telecommunications markets, and unconstitutionally impinge
on freedom of speech. The study encompasses the Telecommunications
Act of 1996, recent global mergers such as British Telecom-MCI, and
the 1997 World Trade Organization agreement to liberalize trade in
telecommunications services.
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