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A significant aspect of globalisation has been the reduction of import tariffs on industrial goods. many
countries have also bound their tariffs at the applied rates. all this makes it harder for governments to protect
domestic industries by increasing tariffs. to many commentators the introduction of sumping duties has taken on
this protectionist role. Applied correctly the introduction of dumping duties is an action that is consisteng
with international trade rules as embodied in the GATT and articles of the World Trade Organization. But what are
these rules and when should they be applied.
questions
a). what is dumping accourding to WTO rules? (5 marks)
—-this part should define dumping (not too many background). The definition should found in the following
website
1). WTO website
2). European commission
3). USitc (international trade commission)
b)what specific criteria have to be met by WTO members seeking to impose dumping duties (30 marks)
—–answers should find on the WTO, EUROPEAN COMMISSION, USITC website as well. and answer why they need to
demonstrate.
c)critically assess and comment on the ways either the EU or the United States apply these criteria, say what is
controversial and why? illustrate your anser with case examples (2 or 3)
(45 marks)
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