Question

what is the purpose of anti-dumping laws in global trade?

Answer 1

Answer:

An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.

For protection, many countries impose stiff duties on products they believe are being dumped in their national market, undercutting local businesses and markets.

Answer 2

Answer:

An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.  For protection, many countries impose stiff duties on products they believe are being dumped in their national market, undercutting local businesses and markets.

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