Dumping is Good, According to WTO

Posted by Caroline Brown on Wed, Jul, 22 2009 @ 8:35 AM

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As brought to attention by the International Economic Law and Policy Blog, the 2009 WTO report states that dumping is good in most cases:

In most circumstances, the welfare of the importing country increases as a result of dumping, as consumers and users of the product benefit from lower import prices, even though the reason for the reduction in price (the dumping) may vary.

Read more about this topic in the World Trade Report 2009.

Of course, even if the WTO thinks dumping is OK, most governments and policymakers do not share this opinion. Companies must be sure to comply with Anti-Dumping Duties (ADD) if they choose to import a product into a nation which has determined the product is being dumped.

Comply with Anti-Dumping and Countervailing Duties

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Topics: Duty Management, Import Compliance