Anti-dumping duty reduces or eliminates the competitive advantage of imported products priced at abnormally low levels.

Question

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Anti-dumping duty is a tariff imposed on imported goods that are priced below the fair market value in the exporting country. This duty aims to reduce or eliminate the competitive advantage of such imported products, which can harm domestic industries by flooding the market with cheaper products. By imposing an additional duty on these products, the importing country can level the playing field and protect its own industries.

Anti-Dumping Duty Reduces or Eliminates the Competitive Advantage of Imported