Anti Dumping Laws And Duties Essay

1003 Words Jun 16th, 2016 5 Pages
Anti-Dumping Law and Duties in the Context of WTO WTO was established with the objective of promoting free trade. Barriers to free trade may be tariff barrier or non-tariff barrier. Tariff regimes are easy to administer and simple to understand but non-tariff measures involve intricate issues and are governed by various WTO agreements. In this context, Anti-dumping is one of the most frequently used non-tariff measure.
WTO rules allow the member countries to opt for Anti-dumping measures with specific stipulation. On this note, if a country today has Anti-dumping legislations, it must be consistent with the WTO’s agreement. The country’s trade practices and procedures in actual investigation of Anti-doping must conform to the agreement.
Anti-dumping has unique combination of political and economic manipulability. During the last fourteen years of WTO, the use of Anti-dumping has become rampant that it is criticized as threatening to limit the market access achieved under WTO trade negotiations over the last fifty years or so. Even though the use of WTO’s Anti-doping has been associated with fear that its measures are used for protectionist purpose, many countries support it because it can be used to counter against unfair trade practices. In the past, Anti-dumping duties have been distinguished from other forms of administered protection by the trade problem they were used to remedy. Anti-dumping duties were a government’s remedy for ‘unfair’ trade and were…

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