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WTO AND ANTI-DUMPING MEASURES

Haberler defines Dumping as , the sale of goods abroad at a price which is lower than the selling price of the same goods at the time in the same circumstances at home , taking account of different in transport costs.

Types of Dumping
Intermittent Dumping Persistent Dumping Predatory Dumping

Objectives of Dumping
To enter the foreign market To sell surplus production To develop trade relations

Effects of Dumping
Effects on Importing Country:
Decline in sales and profits Affects the survival of the industry Change in preference of the consumer Increases the deficit of the balance of payment

Effects on Importing country


The consumers of the exporting country pay higher price Finds market for the excess production Earns foreign exchange

Anti-Dumping measure
Tariff Duty Import Quota Import Embargo Voluntary Export Restraint

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