The effect of antidumping duties is to impose a floor on the price of foreign goods that are imported by the home country.

Question

Quizplus · Accepted Answer

Antidumping duties are meant to prevent foreign goods from being sold in the home market for less than they cost to produce or sell in the foreign market, thereby protecting domestic producers. This is done by imposing a floor on the price of imported goods.

The Effect of Antidumping Duties Is to Impose a Floor