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Anti-dumping surcharges can be imposed successfully in cases where prices of an agricultural product are at...

Anti-dumping surcharges can be imposed successfully in cases where prices of an agricultural product are at the low point in its price cycle, then this will trigger higher tariffs, making world prices lower and more volatile. T/F. Why?

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Answer #1

Anti-Dumping surcharge refers to the additional payment imposed on imports of the country who tries to dump the products in another country.

When an additional charge in imposed on imports, this will lead to charging tariffs from the importing country which will increase the cost of product.

Suppose an agriculture produce say rice is sold in US at $2 per quintal which is already at a very low price. Now suppose India tries to dump at $1.75 per quintal in US. US will impose Anti-dumping surcharge in order to protect the price of home country. It charges $1 as anti-dumping duty. Now the price rises to $2.75. This leads to high world price of India and low price of US.

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