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These concessions help special interests such as domestic firms by shielding them from competition, but harm the majority interests of the nation by imposing higher costs on domestic consumers. This is demonstrated through sugar prices in the U.S., or the retail price of rice in Japan – both of which are well in excess of world market rates (Boudreaux, 1995). A negotiation model which encompasses cultural dimensions could be an appropriate means for effectively obtaining a balance between special and majority interests of each nation in international business agreements. Ideally, a global trade framework should take into account differences in cultural dimensions, and attempt to use them as a negotiating asset in the pursuit of mechanisms to facilitate an integrative outcome oriented system of international business...
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