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Topic: Business
Number of pages / Number of words: 39 / 10671
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Foreign governments could also restrict U.S. wineries ability to operate by using anti-competitive actions such as implementing high tariffs for wine in retaliation for other trade issues, or implementing laws specifically designed to protect local wineries. The end result of these government interventions is that U...


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wines carry an increased cost burden over local wines and other imported wines, making it difficult to compete in the local markets.

In recognition of the opportunities presented by the global wine market and the threat that importers pose to the U.S. wine industry in 1998, the industry created a voluntary initiative called "WineVision"...


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