Antidumping duties are often called _____________.

Question

Quizplus · Accepted Answer

Antidumping duties are also known as countervailing duties. This type of duty is imposed by the importing country on the imported products that are sold at a lower price than their normal value in the exporting country. The purpose of imposing antidumping duties is to protect the domestic industries from unfair competition from the foreign producers who are selling their products at a lower price in the importing country.

Antidumping Duties Are Often Called _____________