Tariff Law

What is the primary purpose of an anti-dumping duty?

• To encourage international trade
• To protect a domestic industry from unfair trade practices
• To reduce import taxes
• To subsidize local businesses

Dumping occurs when:

• Domestic producers sell their products below cost
• Foreign producers sell products at higher prices in the domestic market
• Foreign producers sell their products at lower prices than in their home market or below production cost
• Domestic producers export their products at higher prices

What is the "normal value" in the context of anti-dumping measures?

• The export price of the product
• The comparable price in the exporting country's domestic market
• The price after applying anti-dumping duty
• The minimum acceptable international price

Which of the following is NOT one of the four elements of dumping?

• Like Product
• Price Difference
• Injury
• Increase Imports

What does the term "price undercutting" refer to?

• Selling products at a price above the domestic price
• Offering products at a consistently lower price than the domestic equivalent
• Reducing production costs to compete with imports
• Government providing subsidies to domestic producers

Which of the following describes a "non-market economy"?

• An economy where trade is liberalized
• An economy where the government has a monopoly or substantial influence over trade and prices
• An economy driven solely by market forces
• An economy with no government intervention

Which type of subsidy is considered "green" or non-actionable?

• Export subsidies
• Subsidies for specific industries
• General government assistance for environmental adaptation
• Subsidies contingent on export performance

What are "red" or prohibited subsidies?

• General subsidies provided to all industries
• Export subsidies and those contingent on domestic goods usage
• Government assistance for research
• Subsidies provided for environmental protection

What is "price suppression" in the context of anti-dumping?

• Raising prices to exceed production costs
• Raising prices to exceed production costs
• Cutting export prices to increase competitiveness
• Reducing taxes to encourage domestic production

During the anti-dumping investigation, which stage involves sending a questionnaire to the interested parties?

• Prima Facie Determination
• Final Determination
• Preliminary Determination
• Issuance of Department Order