Countervailing duties are those contributions used to counteract the effects of unfair foreign trade practices, such as price discrimination or export subsidies. In accordance with the provisions of the Mexican Foreign Trade Law, these uses are established by the Ministry of Economy, based on the results of an investigation that confirms the existence of an unfair practice. to. What are the effects that an Economy has when it is subject to unfair practices by another country? b. How can international organizations such as the WTO promote an environment of equity and ethics in foreign trade operations? c. Do you think that unfair practices could be reduced by imposing compensatory fees?

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a When an economy is subject to unfair practices by another country it can experience several negative effects These may include Market Distortions Un... View the full answer