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| Author: | McGee, R. W. |
| Title: | Abolish the Antidumping Laws |
| Journal: | Economic Affairs
2002 : DEC, VOL. 22:4, p. 49-57 |
| Index terms: | DUMPING ECONOMICS REGULATIONS |
| Language: | eng |
| Abstract: | Antidumping laws have been around for a long time. In the United States, they have been on the books for four or five generations, since the early twentieth century if not before. Antidumping laws protect consumers from low prices. Since the creation of the WTO and the declining importance of tariffs and quotas, antidumping laws have become the protectionist tool of choice for an increasing number of countries. Domestic producers use them to prevent foreigners from selling their products to willing consumers. There is no way to reform antidumping laws because they are structurally deficient. They must be abolished, the sooner the better. The paper provides a substantial list of references on this subject. |
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