Noun Interpretation: Anti Dumping

Antidumping refers to the measures taken against the dumping of foreign goods in the domestic market. Generally speaking, in addition to levying general import duties, foreign goods that are dumping are added to the additional tax so that they can not be sold at a low price. This additional tax is known as "anti-dumping duty". Although the anti-dumping provisions have been clearly stipulated in the general agreement on Tariffs and trade (GATT), in fact, each country does its own business