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Saturday, August 24, 2019

What is the difference between dumping and subsidies And what is to be Assignment

What is the difference between dumping and subsidies And what is to be established in every subsidy and dumping investigation - Assignment Example Some of the common subsidies may include loans at low interest rates, grants, and tax incentives. The amount of goods that have been subsidized may be offset through applying the countervailing duty (Giannakopoulos, 2004). In every subsidy and dumping investigation, it is to be established whether an industry has been injured or threatened with a material injury by the imported products. In addition, it must establish whether the industry has become materially retarded because of the imports that are under investigation which have been sold at lower prices than the fair value in the local market or subsidized. In case the investigations turn negative, the case is terminated. However, in case the investigations turn negative, the extent of injury is determined whether it is negligible (Bentley & Silberston, 2007). In case it’s not, a countervailing duty is issued and enforced by the custom Service. Bentley,  P., & Silberston,  A. (2007). Anti-dumping and countervailing action: Limits imposed by economic and legal theory. Cheltenham, UK: Edward Elgar. Retrieved from: https://books.google.co.ke/books?id=G9hj0R3iqqMC&pg=PA2&dq=Anti-dumping+and+countervailing+action:+Limits+imposed+by+economic+and+legal+theory&hl=en&sa=X&ei=2fJvVeD8EOiX7QbKyYPoAg&redir_esc=y#v=onepage&q=Anti-dumping%20and%20countervailing%20action%3A%20Limits%20imposed%20by%20economic%20and%20legal%20theory&f=false Giannakopoulos,  T.  K. (2004). Safeguarding companies rights in competition and anti-dumping/anti-subsidies proceedings. The Hague: Kluwer Law International. Retrieved from

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