International agreements

it is a political, social and economic philosophy that, according to its contemporary aspect, was born in the Enlightenment during the 18th century. This current was born and became popular among the European bourgeoisie.

The following list of principles shows fundamental principles on which liberal is based: Free market Globalization, Limited government, Freedom of association, Personal freedom, Private property, Contractual autonomy.

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Based on the limitation of the State in the economic relations maintained by economic agents

It is the capital that is invested in the purchase of production factors to manufacture goods and services.

It is all the money that is invested in another country in the form of foreign direct investment or through credits.

The globalization process begins in the 19th century. This is due to a change in the geopolitical strategy of the different world economic powers. From this moment on, barriers to international trade began to be eliminated.

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These measures are unilateral remedies which may be applied by a Member after an investigation and determination by that Member, in accordance with the provisions of an Agreement, that an imported product is “dumped” and that the dumped imports are causing material injury to a domestic industry producing the like product.

It is calculated on the basis of a “fair comparison” between normal value (the price of the imported product in the “ordinary course of trade” in the country of origin or export) and export price (the price of the product in the country of import). Article 2 contains detailed provisions governing the calculation of normal value and export price, and elements of the fair comparison that must be made.

When a domestic producer detects a possible dumping practice, it must notify the authorities of its country so that they can initiate the anti-dumping investigation process. Provisional anti-dumping duties can be applied at the investigation stage.

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• False

an exporting country may have granted certain subsidies that affect the real price of a good, and therefore could have negative effects on a manufacturer in the importing country. To avoid this situation the import country can apply.