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What Is Anti Dumping? What Is Its Purpose In International Trade? |
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Answer» Dumping is said to occur when the goods are ex ported by a country to another country at a price LOWER than its normal value. This is an unfair trad e practice which can have a DISTORTIVE effect on INTERNATIONAL trade. ANTI dumping is a measure to rectify the situation arising out of the dumping of goods and its trade distortive effect. Thus, the PURPOSE of anti dumping duty is to rectify the trade distortive effect of dumping and re-establish fair trade. Dumping is said to occur when the goods are ex ported by a country to another country at a price lower than its normal value. This is an unfair trad e practice which can have a distortive effect on international trade. Anti dumping is a measure to rectify the situation arising out of the dumping of goods and its trade distortive effect. Thus, the purpose of anti dumping duty is to rectify the trade distortive effect of dumping and re-establish fair trade. |
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