Anti-dumping laws have been around for decades. They have increased in importance in recent years and will become even more important in the future as a result of the Uruguay Round and the creation of the World Trade Organization. In my opinion, Anti-Dumping laws are inherently protectionist because they protect domestic producers at the expense of consumers. They have a chilling effect on price competition and cause the prices on a wide range of products to be higher than it would otherwise be the case, the structure of dumping calculation is such that dumping can easily occur in such situation. Great care needs to be taken in making simple calculation and proper standards should be maintained to check if dumping is occurring or not.
However, I believe that uncertainty of Anti-Dumping standard leads to unfair trading practice and because of