The law that allows select American firms to form monopolies to compete with foreign cartels is known as the "National Security Act" under the Defense Production Act. This legislation permits the government to support the consolidation of firms in specific industries deemed critical to national security, allowing them to operate as monopolies to enhance competitiveness against foreign entities. Additionally, the Sherman Antitrust Act includes provisions that can be interpreted to allow for such actions under certain national security considerations.
It is vital to the nation's economic well-being to buy American. Buying foreign products supports foreign economies. For America to stay strong it is essential to restrict foreign products imported to compete with American made products.
Subsidies
A basic position in American foreign policy has been that America must defend its foreign interest related to trade and security; the main foreign policy position opposing this American policy is militarism.
Foreign competition has driven American businesses to innovate and improve efficiency to maintain market share. Companies have increasingly adopted advanced technologies and streamlined operations to reduce costs and enhance product quality. Additionally, the need to compete globally has led to a greater focus on customer service and responsiveness to market demands. As a result, American firms have also expanded their operations internationally, seeking new markets and supply chain efficiencies.
Their industries are too weak to compete with foreign competitors.
William Schneider has written: 'Food, foreign policy, and raw materials cartels' -- subject(s): Cartels, Food supply, Foreign economic relations, Foreign relations, Raw materials
It is vital to the nation's economic well-being to buy American. Buying foreign products supports foreign economies. For America to stay strong it is essential to restrict foreign products imported to compete with American made products.
It is vital to the nation's economic well-being to buy American. Buying foreign products supports foreign economies. For America to stay strong it is essential to restrict foreign products imported to compete with American made products.
They wanted to help America's new industries compete with foreign industries.
Subsidies
If you mean -- are there foreign horses allowed in the Belmont Stakes? -- then yes.
They wanted to protect American from foreign Influences
American Foreign Service Association was created in 1924.
Society for Historians of American Foreign Relations was created in 1967.
American Board of Commissioners for Foreign Missions was created in 1812.
They wanted to protect American from foreign Influences
the media influences American foreign policy by using propaganda