The Export Trading Company Act provides antitrust exemptions for international joint ventures.

Question

Quizplus · Accepted Answer

The Export Trading Company Act does provide antitrust exemptions for international joint ventures. This law was enacted by the United States Congress in 1982 to promote the export of American goods and services. Its purpose was to help American exporters compete in the global market by allowing them to form joint ventures and export trading companies without fear of violating antitrust laws. The act provides several benefits to companies that participate in international trade, including the ability to negotiate better prices and access to new markets.

The Export Trading Company Act Provides Antitrust Exemptions for International