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Economics: Turn Around Is Fair Game Beginning of Paper America's size and prosperity have made it the largest consumer of imported products in the world. Brightly lit shopping malls adorned with the latest foreign-made apparel, gadgets and trinkets, testify to the vast selection of goods available for purchase. There is a dark side to .... Middle of Paper .... make them is called dumping. Foreign governments subsidize the manufacturing processes of certain industries so their companies can displace the competition's industry. The television industry is a perfect example of subsidized dumping. The post World War II infusion of subsidized Japanese-made televisions, terminated the United States(U.S.) television manufacturing industry. In the late 1950's, half a million units crossed our borders, tax and tariff free. These television sets were made using cheaper components and cheaper labor. Howe .... 847 words | 4 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95