World Market Share Act

[AI summary unavailable — showing source text] World Market Share Act - Title I: United States Foreign Trade and Investment Commission - Establishes the United States Foreign Trade and Investment Commission. Provides that if in any case calling for findings of the Commission in connection with any authority conferred upon the President by law to make changes in import restrictions, a majority of the commissioners voting are unable to agree upon findings or recommendations, the findings (and recommendations, if any) of any one of the Commissioners may be considered by the President as the findings and recommenations of the Commission. Title II: Quantitative Restraints and Imports - States that the total quantity of each category of goods produced in any foreign country which may be entered during the calendar year 1974 shall not exceed the average annual quantity as determined by the Commission of such catetory produced in such country and entered during the calendar years 1965 to 1969. Authorizes the Commission to increase (or decrease) the total quantity of each category of goods produced in any foreign country which may be entered during any calendar year after 1974 by an amount which the Commission estimates is necessary in …