Term:
Anti-dumping duty
Definition:

An anti-dumping duty is a duty levied on imported commodities. Article VI of the General Agreement on Tariffs and Trade (GATT) permits special anti-dumping duties that are equal to the difference between the import price and the normal value of the product in the exporting country (the “dumping margin”).

Domain:
International Trade
Source:
OECD glossary
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