anti-dumping duty (Meaning)

Wordnet

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

  1. The government imposed an anti-dumping duty to protect domestic industries from unfair competition by foreign companies selling products below their market value.
  2. The imposition of anti-dumping duty is a strategic trade measure to prevent the harmful effects of dumping on the local economy.
  3. 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.
  4. Trade authorities regularly investigate and determine whether anti-dumping duty is necessary to counteract the negative impact of dumped goods on the domestic industry.
  5. 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.
  6. 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.
  7. The imposition of anti-dumping duty is often temporary, aimed at addressing specific instances of unfair trade practices and restoring fair competition.
  8. Trade agreements may include provisions related to anti-dumping duty, establishing guidelines and procedures for addressing trade disputes arising from alleged dumping activities.
  9. Anti-dumping duty measures are designed to rectify situations where foreign companies engage in predatory pricing, causing harm to the competitiveness of domestic producers.
  10. 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.