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Dumping - One of Those Economic Myths


  • Kerr, William A.


Dumping 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.

Suggested Citation

  • Kerr, William A., 2001. "Dumping - One of Those Economic Myths," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 2(2).
  • Handle: RePEc:ags:ecjilt:23876

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    Cited by:

    1. 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.
    2. Sangeeta Khorana & Nicholas Perdikis & May T. Yeung & William A. Kerr, 2010. "Bilateral Trade Agreements in the Era of Globalization," Books, Edward Elgar Publishing, number 13719.


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