anti-dumping duty (Meaning)
anti-dumping duty (n)
a tariff imposed to prevent dumping
Synonyms & Antonyms of anti-dumping duty
No Synonyms and anytonyms found
anti-dumping duty Sentence Examples
- The government imposed an anti-dumping duty to protect domestic industries from unfair competition by foreign companies selling products below their market value.
- The imposition of anti-dumping duty is a strategic trade measure to prevent the harmful effects of dumping on the local economy.
- The anti-dumping duty serves as a safeguard mechanism, allowing industries to compete fairly in the global market without facing undue challenges from artificially low-priced imports.
- Trade authorities regularly investigate and determine whether anti-dumping duty is necessary to counteract the negative impact of dumped goods on the domestic industry.
- The imposition of anti-dumping duty is based on a thorough assessment of the evidence provided by affected industries, ensuring a fair and objective decision-making process.
- Governments worldwide utilize anti-dumping duty as a legal tool to maintain a level playing field in international trade and protect the economic interests of their nations.
- The imposition of anti-dumping duty is often temporary, aimed at addressing specific instances of unfair trade practices and restoring fair competition.
- Trade agreements may include provisions related to anti-dumping duty, establishing guidelines and procedures for addressing trade disputes arising from alleged dumping activities.
- Anti-dumping duty measures are designed to rectify situations where foreign companies engage in predatory pricing, causing harm to the competitiveness of domestic producers.
- The imposition of anti-dumping duty requires careful consideration of the potential consequences on both domestic and international trade, striking a balance between protectionism and free market principles.
FAQs About the word anti-dumping duty
a tariff imposed to prevent dumping
No synonyms found.
No antonyms found.
The government imposed an anti-dumping duty to protect domestic industries from unfair competition by foreign companies selling products below their market value.
The imposition of anti-dumping duty is a strategic trade measure to prevent the harmful effects of dumping on the local economy.
The anti-dumping duty serves as a safeguard mechanism, allowing industries to compete fairly in the global market without facing undue challenges from artificially low-priced imports.
Trade authorities regularly investigate and determine whether anti-dumping duty is necessary to counteract the negative impact of dumped goods on the domestic industry.
