Nisha Sharma posted an Question
July 12, 2021 • 01:26 am 30 points
  • UGC NET
  • Commerce

Mam please explain me countervailing duty countervailing duty and antidumping duty in an easy language and by giving some example so that i can understand

mam please explain me countervailing duty countervailing duty and antidumping duty in an easy language and by giving some example so that I can understand

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    Ronak kumari upadhyay best-answer

    Anti-dumping Occurs when a foreign producer sells a product in the United States at a price that is below that producer's sales price in its home market, or at a price that is lower than its cost of production. The foreign producer is selling the merchandise at less than fair value. Countervailing Occurs when a foreign government provides financial assistance to benefit the production, manufacture, or exportation of a good. The foreign government is subsidizing the foreign producer.

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