Agreement of Antidumping Practices

An international agreement prohibiting a signatory country from "dumping," which refers to exporting goods for lower than their market value. Specifically, the agreement states that a country cannot export any good to a country at a price that would negatively impact the local market for that good. Countries are allowed to charge a tariff or other duty to make up for the difference in price. This Agreement is overseen by the World Trade Organization.

单词	agreement of antidumping practices
释义	Agreement of Antidumping Practices Agreement of Antidumping Practices An international agreement prohibiting a signatory country from "dumping," which refers to exporting goods for lower than their market value. Specifically, the agreement states that a country cannot export any good to a country at a price that would negatively impact the local market for that good. Countries are allowed to charge a tariff or other duty to make up for the difference in price. This Agreement is overseen by the World Trade Organization.
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