Answer Posted / satish kumar
Article VI of the GATT provides for the right of
contracting parties to apply anti-dumping measures, i.e.
measures against imports of a product at an export price
below its “normal value” (usually the price of the product
in the domestic market of the exporting country) if such
dumped imports cause injury to a domestic industry in the
territory of the importing contracting party. More detailed
rules governing the application of such measures are
currently provided in an Anti-dumping Agreement concluded
at the end of the Tokyo Round.
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