This is a paper presented by Professor Robert E. Baldwin
on June 1, 1992 when he visited Seoul under KDI's
Distinguished Lecturer Program. Employing an econometric
analysis, the paper identifies economic factors that best explain
the decisions of the United States International Trade
Commission (ITC) in the countervailing duty, antidumping and
safeguards cases. In these cases the U.S. takes import
restraining measures only of ITC determines there exist "injury"
to U.S. industries competing with imports. The paper enhances
our understanding of the decision making process in the ITC
that has important bearings on Korea's trade with the U.S.