Under the GATT, which trade remedy can importing countries use to offset export subsidies?
A) antidumping duties
B) safeguard duties
C) quotas
D) countervailing duties

Question

Quizplus · Accepted Answer

Importing countries can use countervailing duties as a trade remedy to offset export subsidies under the GATT. Countervailing duties are import tariffs imposed on goods that are subsidized by the exporting country's government, to offset the advantage the subsidies give to the exporting country's products.

Under the GATT, Which Trade Remedy Can Importing Countries Use