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Dumping and antidumping and countervaling meaning please in easy way
dumping and antidumping and countervaling meaning please in easy way
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Gunjan
dono mai usi country mai hi hoga kya
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Rucha rajesh shingvekar
Countervailing cases are when a foreign government provides enough subsidies and tax benefits for their manufacturers to sell their goods more cheaply than U.S. manufacturers
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Archana sharma Best Answer
DUMPING - if a co exports a product at a price lower than the price it normally charges on its own home market, means dumping it's product . ANTI-DUMPING DUTY- it is imposition of levy by importing country in order to counter the dumping of products & save the domestic market. COUNTERVAILING DUTY- (also known as anti-subsidy duty) imposed in order to counter the negative impact of import subsidies to protect domestic producers. - imposed after an investigation GATT (article 6) allows countries to take actions and against dumping . for eg- India has initiated max anti - dumping cases against China.