Retaliatory trade restrictions are not made for dumping because price competition is protected by the WTO.

Question

Quizplus · Accepted Answer

Retaliatory trade restrictions can be made for dumping, which is the practice of selling goods at a lower price than their fair value, and is prohibited under WTO rules. However, the WTO also allows for price competition, as long as it is done fairly and without distorting the market. Retaliatory measures can be taken when a WTO member believes that another member is engaging in unfair trade practices, such as dumping, and is causing harm to its own domestic industry.

Retaliatory Trade Restrictions Are Not Made for Dumping Because Price