Version: 1.5.0.40 (2021-04-09 10:56)
Glossary term:

Anti-dumping

Dumping is exporting at below national market cost to gain market share on the world market. Article VI of the 1994 GATT authorises anti-dumping duties to be levied on dumped goods equal to the difference between their export price and their normal value, if dumping causes injury to producers of competing products in the importing country.

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