Anti-dumping duty

January 6, 2018

Dumping occurs when goods are sold to importers in a country at prices that are lower than the selling price of comparable goods in the country of export or when goods are sold to country at unprofitable prices. This is an unfair trade practice which can have a distortive effect on international trade as it keeps competitors out of a particular market. Anti-dumping measures rectify the situation arising out of the dumping of goods and its trade distortive effect. Anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign import which is priced below fair market value

« Go back to RBI Grade B homepage