Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
8 Cards in this Set
- Front
- Back
|
Dumping |
Selling a product abroad for less than the cost of production, the price in the home market, or the price to third country |
|
|
Subsidies |
Financial contributions, provided directly or indirectly by a government, which confer a benefit, including grants, preferential tax treatment, and government assumption of normal business expenses |
|
|
Countervailing Duties |
Additional import taxes levied on imports that have benefited from export subsidies |
|
|
Tariffs |
Taxes on imported goods for the purpose of raising their price to reduce competition for local producers or stimulate local production |
|
|
Ad Valorem Duty |
An import duty levied as a percentage of the invoice value of imported goods |
|
|
Specific Duty |
A fixed sum levied on a physical unit of an imported good |
|
|
Compound Duty |
A combination of specific and ad valorem duties |
|
|
Quotas |
Numerical limits placed on specific classes of imports |
