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

The EU tariffs on Chinese and Vietnamese shoe imports are antidumping duties, which are imposed to counteract the practice of dumping, where a country exports goods at a lower price than they are sold domestically, causing injury or harm to domestic producers.

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