5 What is nomal value and export price as per Agreement on A

5. What is nomal value and export price as per Agreement on Anti-dumping? And summarize bhe rules about \"fair comparison of normal value and export price\"

Solution

Dumping is a price discrimination under international trade where price in the importing country (let\'s say foreign country ) is less then the price in exporting country ( let\'s say home country) .

Here, Normal value is the price prevailling in exporting country.

And Export price is the price prevailling in importing country.

In the article 4 of GATT(General Agreement on Trade and Tariff) 1994, some anti-dumping duty was imposed on specific sources if it is seen that dumping is harming the importing country.

Rules about \"fair comparision of normal value and export price\"

May this helps.

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