The American Sports Market

Paper Summary:

The paper explores tariffs on foreign sporting goods and shows how American regulations have proven no obstacle to the careers of international sports stars. The paper looks at Internet commerce in sports merchandise and infrastructure building and then explains how overcoming customs obstacles can be facilitated. The paper reveals that while the world economy may be unstable, high ticket prices indicate that people are often willing to pay 'top dollar' to forget their economic woes.

Outline:
Tariffs
Regulations
Customs

From the Paper:

"Despite current economic instability, the overall growth trend in the U.S. sports economy has been positive over the course of the past twenty years, and even a shaky economy may prove helpful to some sectors of the sports merchandise trade, as Americans seek to turn from their concerns to recreational fields. "The U.S. Monthly Retail Trade Survey reported sales in sporting goods stores of U.S. $2.3 billion (preliminary) for October 2004, up 9.3 per cent from the US$1.95 billion in October 2003," or "the largest percentage gain the industry has achieved since 1997, when wholesale sales rose 5.2 per cent" ("Sports industries to the U.S," 2008, Austrade). The impact of the declining value of the dollar was and continues to be a boon for international sports commerce in the U.S. Additionally, China has incurred tremendous press coverage (positive and negative) for its hosting of the Olympics, raising the profile of developing nations and traditionally underrepresented sports at which foreigners have excelled."

Sample of Sources Used:

• Bremner, Brian. (2007). A hot new import: foreign sports stars. Business Week.Retrieved 5 Oct 2008 at http://images.businessweek.com/ss/07/01/0112_sportsstars/index_01.htm
• Moody, Ron. (2007). Is online sports betting legal? About.com.http://sportsgambling.about.com/od/sportsgambling101/a/betlegal.htm
• "Sports industries to the U.S."(2008, May 22). Austrade. The Australia Government.Retrieved 5 Oct 2008 at http://www.austrade.gov.au/Sports-industries-to-the-USA3922/default.aspx
• Suranovic, Steven. (2004). Select US Tariffs." International trade theory and policy.Retrieved 5 Oct 2008 athttp://internationalecon.com/Trade/Tch10/T10-1A04.php

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