quizinfopedia.com IAS info Anti-Dumping Duty

Anti-Dumping Duty

Anti-Dumping Duty (ADD) is a trade-remedy measure imposed by a country to protect its domestic industry from injury caused by imports sold at unfairly low prices (i.e., dumped goods). Two tools, Anti-Dumping Duty and Countervailing Duty (CVD), are often confused but serve different purposes. Read here to learn more. India’s imposition of a five-year anti-dumping […]

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