ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Review of WTO Rules on Antidumping and Countervailing Measures

Under the WTO rules and the corresponding national laws, trade policy administrators view mere price discrimination to be "dumping", which is defined in terms of the difference between the "normal value" and the "export price". The WTO rules authorise antidumping action against injurious dumping affecting domestic industry. The WTO rules also provide for countervailing action against foreign subsidy on exports causing injury to domestic industry. This paper summarises the policy implications derived from an analysis of case studies relating to antidumping and countervailing duty cases against Indian exporters, after examining the scope for review of the relevant WTO rules under the ongoing Doha Round of multilateral negotiations.

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