Anti Dumping Policy- Why Anti-Dumping Duty on Chinese Cutting Tools?

Economy Simplified

Category Oct 23, 2022 White Lightning White Lightning Learn more

What is Dumping?

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Affects the economy because the production costs are high and if the prices are lowered the profits will be equal to none.

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If it affects the economy

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Anti Dumping Policy

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Why is anti-dumping duty recommended in India?

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For which goods is anti-dumping duty recommended?

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Economy Simplified

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Anti Dumping Policy- Why Anti-Dumping Duty on Chinese Cutting Tools?

What is Dumping?

What is Dumping?

When a corporation sells a product at a lower price than it ordinarily charges in its native market, it is referred to as “dumping” the goods.

Affects the economy because the production costs are high and if the prices are lowered the profits will be equal to none.

What is the problem

What is the problem

If it affects the economy

If it affects the economy

Yes obviously we can do that but it similarly affects the economy because the production costs are high and if the prices are lowered the profits will be equal to none.

Anti Dumping Policy

Anti Dumping Policy

Charging extra import duty on the particular product from the particular exporting country Does not aim to limit imports or drive up the price of goods unnecessarily.

Why is anti-dumping duty recommended in India?

Why is anti-dumping duty recommended in India?

Protect the domestic industry from cheap inbound shipments.

For which goods is anti-dumping duty recommended?

For which goods is anti-dumping duty recommended?

-Anti-dumping duty is recommended on dumped imports of ‘resin bonded thin wheels’.

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