Economic Rationales for Anti-Dumping Laws of the World Trade Organisation (WTO) Appraised
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Date
2017
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Novena University
Abstract
There are three ways in which dumping can be characterised to wit; international price discrimination, predatory pricing or as intermittent dumping. These characterizations, if well founded, each give rise to possible economic justifications for the existence of anti-dumping laws. This paper appraises the economic rationales for Anti-Dumping Laws of the WTO and the benefit of same to the developing economies.