Bad Trade
When a foreign exporter charges a lower price in the US market than they do in their home market.
What is Dumping
The year that the current longest lasting antidumping measure imposed.
What is 1977
Advocates for AD claim that foreign firms have a protected home market in which they can earn high profits and from which they can subsidize export sales. This is called?
What is the sanctuary effect
Do lawyers, lobbyists, and politicians in Washington, DC have a vested interest in antidumping legislature?
This program helps finance farm exports in the US.
What is the Export Credit Guarantee Program
Described as “harm which is not inconsequential, immaterial, or unimportant."
What is Material Injury
Antidumping activities can lead to a void that is picked up by other market participants. This is known as what?
What is Trade Diversion
What have developing countries been using towards developed countries' use of antidumping duties?
What are their own antidumping duties
This law protects domestic industry on the grounds of national security.
What is Section 232
This entity provides loans and credit guarantees for US exporters (like Boeing and GE).
What is the Export-Import Bank (EXIM)
The difference when a foreign exporter makes sales in the US at prices that are less than fair value.
What is Dumping Margin
This country imposes the most antidumping duties.
What is India
An accepted feature of the domestic market that advocates for AD say is bad.
What is price discrimination
The US protected this company from Japanese imports in the 1980s.
What is Harley Davidson
This country has the largest dollar value of subsidized exports.
What is China
The term the Commerce Department uses when it only looks at one observation of an anti-dumping claim.
What is zeroing, zeroing-out, or the zeroing method
These products have the majority (more than 40%) of the AD duties placed on them.
What are iron and steel
This provides an industry facing unforeseen circumstances with temporary protection without any claim that trade is “unfair."
What is an escape clause
This section is also known as the escape clause and allows industries to petition for relief from imports.
What is Section 201
Commerce estimates production costs using wage rates and other factor costs from a surrogate country with a similar level of economic development for this type of economy.
What is Non-market economies (China, Vietnam, Belarus, etc.)
Import taxes imposed by a country to offset the negative effects of foreign government subsidies on a product.
What are Countervailing Duties (CVDs)
This agricultural appropriations bill had a provision that hands over all the revenue from antidumping duties to the petitioning industry.
What is the Byrd Amendment
When the industry would like to reap the benefits of protection without undertaking the costs of adjustment, they face this problem. AKA temporary, contingent protection may still become permanent protection.
What is time consistency
These trade negotiations established the WTO.
What is The Uruguay Round (1986-1994)
From 2000 to 2014, the Commerce Department found there was NOT dumping in this many cases.
What is Seven (~1%)