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1、Anti-dumpingreferstomeasurestakentocounterthedumpingofforeigncommoditiesindomesticmarket.Inadditiontouniversalcustomsduties,thegovernmentleviesadditionaltaxondumpingforeigncommoditiestomakesurethesecommoditiescannotbesoldatunfairlylowprices.Suchadditionaltaxrefersto‘Anti-dump
2、ingDuties’.Forinstance,theUnitedStatesstipulatesthatifthelandedpricesofforeigncommoditiesappearlowerthantheirfactoryprices,anti-dumpingcountermeasureswillbeappliedimmediately.AlthoughGeneralAgreementonTariffsandTradehasmadeclearregulationsinregardtoanti-dumpingmatters,asamatt
3、eroffact,allnationsaregoingtheirownwayandmakeanti-dumpingtheprincipalmeanstowagetradewars.WhydoesWTOsystemneedtoencompassanti-dumpingthatbyitsverynatureisprotective?Fromthepoliticalandeconomicpointofview,thegovernmentiseasilysubjecttothepressurefromcertaininterestgroups.Intha
4、tcase,anti-dumpingimpliesprotectionfordomesticmanufacturerscompetinginimport.Therefore,anti-dumpingisnotalwaysbasedonreasonableprinciplesofeconomics,butpoliticalandeconomicmattersthatassociatecloselywithpoliticalpoweraswellasprotectionseekingpressures.Astradeliberalizationisd
5、eepeningfromallovertheworld,moreandmoretradeprotectionistbarriersarebeingplaced.Theincreasinglyintenseinternationalanddomesticmarketsarepressurizingthegovernmentstoofferprotectionforimportcompetitorsfromhome.Thesepressuresmaystemfrom:concernsforpolitics,concernsforequalityorc
6、oncernsfortradepatriotism.Ontopofthat,monopoliesmayputpressureongovernmentsthroughpotentlobbying,requiringprotectionforimportindustry.Fromthegovernment’sperspective,itattachesmoreimportancetomanufacturers’interests.Thisisbecauseeveryoneknowshowtoconsumebutnoteveryone’sabletom
7、akeproduction.Hence,governmentstendtoprotectmanufacturerscontributingtothedevelopmentofdomesticindustryandconcernabouttheaccumulationofwealth.Anti-dumpingLawhasrequiredthegovernmentmeettheprotectionneedsfrommanufacturersathomeandprovideimplicitprotectivetoolsthatinlightofWTOr
8、egulations.Asidefromthat,anti-dumpingtargetsmanufacturersnotgovernme