Officially,the EU tariffs on Chinese and Vietnamese shoe imports are known as:
A)countervailing duties.
B)antidumping duties.
C)specific duties.
D)ad valorem duties.
E)temporary surcharges.

Question

Quizplus · Accepted Answer

Antidumping duties are imposed to protect domestic industries from foreign companies "dumping" products at below market value. The EU's tariffs on Chinese and Vietnamese shoe imports are an example of such measures, aimed at leveling the playing field for domestic producers.

Officially,the EU Tariffs on Chinese and Vietnamese Shoe Imports Are