Protections Against Dumping Products

Anti-Dumping Law 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

Dumping of Steel INTRODUCTION Foreign steel producers plague the U.S. steel industry with unfair competitive practices. This practice is referred to as "dumping". Dumping of foreign steel has been a problem throughout the history of the U.S. steel industry. In the 1990s dumping has become more of a problem, due to the breakdown of the Russian economy and its transition from Capitalism to a free-market economy. According to Microsoft Encarta 98 (1998), Free-Market Economy, is an economic system

Dumping, while illegal, would offer products to consumers at very low prices. As a consumer, what is your opinion of this? Explain your reasoning. According to the World Trade Organization, or WTO, dumping occurs when a foreign corporation sells a product at a price that is less than the corporation sells it in its own country (Boyes, 2012, p. 170). As a consumer, I am well aware of the economy and I am always looking for products at a good price; however, when it comes to dumping, there are both

To avoid the risks of over-specialization Strategic reasons To prevent dumping To protect product standards To raise government revenues To correct a balance of payments deficit Arguments against protectionism OTHERS : Red Tape Health and Safety standards Embargoes Nationalistic campaigns Protecting domestic employment industries that are in decline -

Dumping Subsidy and Trade Disputes Too many questions have been asked if dumping implies unfair trade practices. Recently, disputes over dumping make it difficult to decide whether or not we should allow this activity to enter our country. Many of us are equally familiar that more foreign imports mean more jobs are being destroyed in American industries. Because of this particular reason, WTO and GATT members have worked together to see if there is a relationship between dumping and unjust

International Trade Commission (ITC). The first of the two mentioned above makes determinations on whether or not "dumping" takes place. The ITC, on the other hand, is the body responsible for establishing the existence of actual or threatened material injury due to subsidized imports. The ITC 's investigations are divided into a preliminary and a final phase. In the

in many nations has been a cause of environmental pollution. This is because with the growth of industries and factories comes with the increase of waste products. If the waste products are not well managed, the environment will be polluted. This has negatively affected the lives of human beings, animals, and the plants. Environmental protection is essential to ensure that polluting has been reduced. The reduction of environmental pollution requires the input and the participation of the society,

Trade Barriers Ways and effects on protecting domestic labour markets from dumping International Business and Social Sciences WS11/12 Labour Market and Human Resource Management International Labour Policy Ways and effects on protecting domestic labour markets from dumping With the grow of international trade in our markets, the degree and the amount of competition has increased tremendously in our domestic labour markets. The pressure in our domestic markets are higher than ever

and serves consequences for those who violate the agreement. Dumping is one of the examples of violation of the agreements. WTO defined dumping as imported goods in the market of the importing country with price less than its normal value (Trewin&Bosworth 1999, p.134). From one perspective, to protect local producers from dumping, the government imposes anti-dumping measures on imported goods. From another perspective, the anti-dumping measures will cause less incentive for local producers to produce

to the cost of imported goods) and import quotas (a restriction placed on the quantity of particular good that a country can import) are used to control the quantity of foreign products that can enter a country’s domestic markets. Several arguments have been raised regarding reasons for protecting domestic markets against foreign traders. Nonetheless, protectionism is characterized by several welfare consequences. The arguments for protectionism can be categorized into economic and non-economic.