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Anti-dumping system

Import
Base Metals and Articles of Base Metals
From Israel
To South Africa
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Shivansh G.
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Sep 02, 2020
What is Anti-dumping system?

1 answer

Sebastian R.
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Sep 07, 2020

Anti-dumping suits, along with ‘safeguards’ and ‘countervailing measures’, are tools for protecting domestic industries from surges of cheap foreign imports. Although the WTO strives to eliminate all trade barriers, it recognizes that nations require flexibility to adjust to economic shocks as multilateral agreements increasingly liberalize trade. Thus, these measures allow nations to temporarily protect their economies against fluctuations in trading patterns.

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