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Ideal Structure
Denial Waltz has given an ideal structure of the United States International Trade Policy. This Policy ensures the cross-border transfers of goods, services, and technology. Waltz’s ideal structure depends upon basic commodities like sugar, textile, food eggs, meats, and milk in the United States. On the other hand, he recommends that exports from the United States should be based upon cutting-edge technologies like Internet Software and State of the art goods and services to the rest of the world. To achieve a high level of trade surplus for the United States he recommends ever-changing US legal and regulatory requirements affecting the International trade in favor of the United States.
Natural Conditions
As far as US exports are concerned the Waltz gave a full range of advice on classification, valuation, rules of the region, and tariff structure for the importable goods to effectively handle the customs issues. He gives the necessary outline for resolving the trade disputes in the court of international trade and court of appeal.
He not only recommends the international trade issue for the United States but also sets the national condition for the international trade system. His conditions improved a natural environment for coordinated working of United States Department of Agriculture, Food and Drugs Administration Department consumer safety commission and federal trade commission.
To have good control of US exports, his natural conditions also include regulation, governing defense articles, avoidance of double taxation, and compliance with enforceable actions. He emphasizes getting licenses from the US government before doing trade with the country with embargoes such as Iran, Sudan, Burma, and Cuba. As another natural condition set by Mr. Waltz is the recommendation that there should be a fast track change in the US policy by trading with Cuba, Sudan, and Iran.
Therefore, the national condition said by word the international system generally depends upon legal regulatory and court procedure to maximize the benefit of trade for the United States. All these trade agreements of the United States with the other countries looked into the perspective given by Mr. Waltz. In short Waltz’s natural conditions for the international system refer to all the set rules of the game for international trade practices in a legal fraternal and congenial manner.
Mostly his recommendations favor the international system for the US foreign trade policy. There are numerous examples of his policy prescriptions for the international trade codified in the law cases of the court of appeals and international trade court. Hi, natural set conditions, when compiled make the bible of international trade policy for the United States.
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