International Trade Theory and Policy
by Steven M. Suranovic

Trade 20

Trade 20

Trade Problem Set 20 1-1

DIRECTIONS: These questions have relatively short answers. Use may print this page and use the answer box on the right for your answer.

Q1. How is an antidumping action initiated in the US?

Q2. Explain how the antidumping process could add to the cost of doing business in the US by foreign firms even if an antidumping petition is denied?

Q3. What is an antidumping duty? How is its size determined?

Q4. What must US government agencies determine before applying antidumping duties against foreign firms?

Q5. Name two WTO-sanctioned unfair trade laws.

Q6. How does US trade law define dumping?



International Trade Theory and Policy - Chapter 20: Last Updated on 7/4/00