Abstract

This paper examines trade remedy provisions in regional trade agreements (RTAs). By trade remedies are meant anti-dumping, countervailing and emergency or safeguard measures. Anti-dumping and countervailing duties can be levied on exporters who engage in ‘unfair’ trading practices that cause material injury to domestic producers. These unfair trading practices can take the form of selling products below their ‘normal’ price or of benefiting from government-provided subsidies. Safeguard actions can be taken even if there is no unfair trade practice so long as imports have increased to an extent that serious injury has been suffered by domestic producers. No matter the difference in conditions under which they can be triggered, all these instruments represent internationally agreed means for a country to temporarily increase the level of trade protection received by its injured domestic industry.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.