The Anti-Dumping Agreement Slideshare: A Comprehensive Guide
Dumping is a practice in international trade wherein a country exports goods at a price lower than its domestic market price. This can harm the domestic industries of the importing country and result in unfair trade practices. To combat this, the World Trade Organization (WTO) has created an Anti-Dumping Agreement that regulates such practices.
One of the best resources to learn about the Anti-Dumping Agreement is the Anti-Dumping Agreement Slideshare. This platform provides a comprehensive guide to the agreement, covering everything from its history to its implementation.
History of the Anti-Dumping Agreement
The Anti-Dumping Agreement was first adopted in 1947 as a part of the General Agreement on Tariffs and Trade (GATT). The agreement aimed to ensure fair competition in the international market and prevent the abuse of market power by any country or company.
The agreement was later incorporated into the WTO in 1995 as Annex I of the Agreement on Implementation of Article VI of the GATT 1994. This agreement has 19 articles that govern the use of anti-dumping measures.
What is Anti-Dumping?
Anti-dumping is a measure taken by a country to protect its domestic industries against the negative effects of dumping. Anti-dumping measures can include imposing additional duties or tariffs on dumped products.
Dumping can occur when a company exports a product at a price lower than its domestic market price. This can give the exporting company an unfair advantage over its competitors in the importing country. This, in turn, can result in the destruction of the domestic industry in the importing country.
How the Anti-Dumping Agreement Works
The Anti-Dumping Agreement provides a framework for countries to use anti-dumping measures. The agreement requires that any anti-dumping measure must be based on objective criteria and take into account the interests of all stakeholders.
Moreover, the agreement imposes certain procedural requirements that must be met before an anti-dumping measure can be implemented. This includes an investigation into the alleged dumping, public notification, and the opportunity for interested parties to provide evidence.
Conclusion
In conclusion, the Anti-Dumping Agreement Slideshare is an excellent resource for learning about the Anti-Dumping Agreement. This platform provides a comprehensive guide to the agreement, including its history, definition, and implementation.
Whether you are a student, industry professional, or policy analyst, the Anti-Dumping Agreement Slideshare can help you understand how the agreement works and its importance in regulating international trade.