Dumping - One of Those Economic Myths
AbstractDumping is one of the most poorly understood and contentious issues in trade policy. The primary reason is that the agreed definitions of dumping are not based on a solid economic foundation. This allows antidumping measures to be used for protectionist ends and to harass trade partners. While putting antidumping measures on a sounder economic foundation in international law may be difficult given their popularity with politicians, no progress can be made until economists provide a theoretically sustainable definition of dumping and devise a set of transparent criteria for determining if dumping is occurring. This paper explains the difficulties with the current definitions of dumping and outlines an agenda for future progress.
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Bibliographic InfoArticle provided by Estey Centre for Law and Economics in International Trade in its journal Estey Centre Journal of International Law and Trade Policy.
Volume (Year): 02 (2001)
Issue (Month): 2 ()
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dumping; international predation; price discrimination; protectionist; International Relations/Trade;
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- Goodloe, Carol, 2004. "Trading Remedies To Remedy Trade: The Nafta Experience; Discussion," Keeping the Borders Open; Proceedings of the 8th Agricultural and Food Policy Systems Information Workshop - 2002 16927, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
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