CryptoKing
Fri Oct 11 2024
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7 answers
1435
What is trade dumping?
Trade dumping refers to the practice where an exporter sells goods in the international market at a price lower than the normal value, causing significant damage or threat to certain industries in the importing country. It's a form of price discrimination and an unfair trade practice, often used to gain market share or eliminate competitors. WTO considers dumping as an improper competition measure and allows importing countries to take anti-dumping measures to protect their domestic industries.
