Economic Rationales for Anti-Dumping Laws of the World Trade Organisation (WTO) Appraised

Abstract

There are three ways in which dumping can be characterised to wit; international price discrimination, predatory pricing or as intermittent dumping. These characterizations, if well founded, each give rise to possible economic justifications for the existence of anti-dumping laws. This paper appraises the economic rationales for Anti-Dumping Laws of the WTO and the benefit of same to the developing economies.