The 1988 Omnibus Act establishes a preference for computing foreign market value in non-market economy countries on the basis of the best information on the costs of production of the same articles had they been manufactured in a market economy.

Question

Quizplus · Accepted Answer

This is true. The 1988 Omnibus Trade and Competitiveness Act established the practice of using the costs of production in a comparable market economy as the basis for calculating the value of goods from non-market economy countries. This is known as the "surrogate country" approach.

The 1988 Omnibus Act Establishes a Preference for Computing Foreign