Question: Analyse with a real recent example, why countries impose antidumping duties as a form of trade restrictions when its trading partners practice international price discrimination.
Analyse with a real recent example, why countries impose antidumping duties as a form of trade restrictions when its trading partners practice international price discrimination.
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Recent example : India started an anti dumping probe against acid from China and Korea to ensure fair trading practices and create level playing field for domestic producers . India already has imposed anti-dumping duties on many products to handle cheap imports from countries like China .
anti - dumping duties : It is protecting duties or tariffs that a domestic government impose on foreign products or goods that it believes are priced below fair market value .
And anti dumping duties are imposed by country's local government to protect the local market or business from the competition created by foreign imports
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