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Vanderbilt Journal of Transnational Law

First Page

97

Abstract

This Note addresses the effects of European integration on Japanese-Community trade relations. It explores, in order, the effects of the customs union and the common customs tariff, the changing quota system, the Community's anti-dumping legislation and rules of origin, and voluntary export restraint agreements. The Note also considers the effect of the General Agreement on Tariffs and Trade (GATT) on these trade relations. While recognizing that the Community is taking steps to impede Japanese investment in the Community, the author observes that some of these measures may be neither legal nor effective. The author concludes that Japan is well-positioned to take advantage of economic opportunities presented by the 1992 integration and suggests that Japanese officials take advantage of the European propensity to enter into voluntary restraint agreements while continuing to challenge protective measures aimed directly at Japan as violative of the GATT.

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