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Antidumping

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The New Palgrave Dictionary of Economics

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Abstract

Antidumping refers to a legal statute that allows for a remedy (typically an import duty) to offset the effects of dumped imports. Under the General Agreement on Trade and Tariffs/World Trade Organization (GATT/ WTO) rules, two tests must be satisfied before a country may impose an antidumping duty on subject imports. First, the imports must be shown to be sold at price that is ‘less than fair value’. Second, the dumped imports must be shown to have caused or threaten to cause ‘material’ injury to a domestic industry.

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Authors
  1. Bruce A. Blonigen
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  2. Thomas J. Prusa
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Editor information

Steven N. Durlauf Lawrence E. Blume

Copyright information

© 2008 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Blonigen, B.A., Prusa, T.J. (2008). Antidumping. In: Durlauf, S.N., Blume, L.E. (eds) The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-58802-2_46

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  • DOI: https://doi.org/10.1007/978-1-349-58802-2_46

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  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-0-333-78676-5

  • Online ISBN: 978-1-349-58802-2

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