Antidumping study essay

Under the WTO agreements which aim at promoting free trade, by reducing barriers to trade among its members, a number of exceptions are specified, such as the possibility to impose Antidumping measures in case of unfair trade. However, current antidumping rules are not well equipped to distinguish between “fair” and “unfair” trade.

However, current antidumping rules are not well equipped to distinguish between “fair” and “unfair” trade. When foreign producers produce goods more cheaply, their prices are bound to be lower, especially when they export to a large market like the US or the EU where they are likely to face more competition than in their own domestic markets.

Antidumping has long been part of the rhetoric of protection. Manipulation of customs valuation has long been part of the arsenal of ant-import weapons. Antidumping is, in substance, another clever way to use customs valuation procedures as a weapon against imports.

World Trade Organization operates a special anti-dumping based procedure against China whose trading based prices are not fulfilling the same function in the market economics, and the anti-dumping based calculation is one of the effective sources of critical investigation.