With respect to anti-dumping duties, consider the following statements:

It is a tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.

It can reduce the international competition of domestic companies producing similar goods.

The International Monetary Fund (IMF) plays an important role in the regulation of anti-dumping measures.

Select the correct option from the codes given below:

Question

It is a tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. Correct: An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.
It can reduce the international competition of domestic companies producing similar goods. Correct: In the long-term, anti-dumping duties can reduce the international competition of domestic companies producing similar goods.
The International Monetary Fund (IMF) plays an important role in the regulation of anti-dumping measures. Incorrect: The World Trade Organization (WTO) plays an important role in the regulation of anti-dumping measures.

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It is a tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. Correct: An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.
It can reduce the international competition of domestic companies producing similar goods. Correct: In the long-term, anti-dumping duties can reduce the international competition of domestic companies producing similar goods.
The International Monetary Fund (IMF) plays an important role in the regulation of anti-dumping measures. Incorrect: The World Trade Organization (WTO) plays an important role in the regulation of anti-dumping measures.

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