What is the sinister reason for dumping to occur?
For unlimited access to Homework Help, a Homework+ subscription is required.
What is dumping? Were Chinese and Russian producers guilty of dumping? How did U.S. Magnesium justify its claims against Russian and Chinese producers? What does the ITCΓ’ΒΒs ruling mean for American consumers of magnesium? In your opinion, was the ruling fair?
What is meant by the anti-dumping argument?
The two primary issues in international commerce are dumping and tariffs. Dumping is the international form of predatory pricing, prohibited by the WTO. Tariffs are taxes on imported goods, effectively increasing the price of these goods. A domestic company might be able to utilize the regulations to gain a competitive advantage. Dumping, while illegal, would offer products to consumers at very low prices. As a consumer, what is your opinion of this? Explain your reasoning.