A tariff imposed on a country as a penalty for dumping goods is called a(n)

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A tariff imposed on a country as a penalty for dumping goods is called an antidumping duty. This is meant to prevent foreign companies from undercutting domestic producers by selling goods at a lower price than their production cost or the price they charge in their home market. The antidumping duty makes the prices of the imported goods more competitive with domestic prices, thus protecting local businesses from unfair competition.

A Tariff Imposed on a Country as a Penalty for Dumping