The US government has prohibited the selling and buying of the small size shrimps in the US market in order to preserve the shrimps, which have not yet been mature. The US government also bans the importation of shrimps harvested from the sea by using inappropriate instruments without the turtle excluder device (TED) in order to preserve the sea turtles. Moreover, the US implements the anti – subsidy and anti - dumping measures by imposing anti – subsidy duty and counter veiling duty respectively on such imported goods.
All these measures directly affect the exportation of Thai seafood and agricultural products into the US market. It appears that Thai shrimps are usually small even though they are fully mature, because of the natural small sized - Thai shrimps. Thai exported shrimps cannot access the US market. Also Thai agricultural products have encountered the anti-dumping and antisubsidy measures. In fact, Thai goods are cheap due to the comparative advantage of Thailand in terms of factors of production.
Consequently, Thai exported goods are subject to unfair counter veiling duty and anti - subsidy duty. Thai exporters have to place bond against such measures that is burdensome to Thai exporters. If you are the manager of a Thai seafood and agricultural product export company, what will be your strategies to solve these problems and to enhance the company’s export more effectively and profitable?