ANTI DUMPING MEASURE Flashcards
a form of price discrimination between two (2) national markets
DUMPING
Dumping occurs when an exporter sells his products at a price that is lower in the ___ than the price charged in the____ or at prices below cost of ___
Dumping occurs when an exporter sells his products at a price that is lower in the foreign importing market than the price charged in the exporter’s domestic market, or at prices below cost of production,
Dumping is legal under the World Trade Organization (WTO) rules unless__
Dumping is legal under the World Trade Organization (WTO) rules unless its injurious effect on the importing country’s producers can be established.
any product, commodity or article of commerce introduced into the Philippines at an export price less than its normal value in the ordinary course of trade, for the like product, commodity or article destined for consumption in the exporting country, which is causing or is threatening to cause material injury to a domestic industry, or materially retarding the establishment of a domestic industry producing the like product.
dumped import/product
refers to a trade remedy measure adopted by government to protect the domestic industry against the unfair trade practice of dumping.
anti-dumping measure
refers to a duty imposed on the importation of a dumper product. The difference between the export price and the normal value of such product is the dumping margin.
anti-dumping duty
known as the “Anti-Dumping Act of 1999
Republic Act (RA) No. 8752
“Anti-Dumping Act of 1999 was signed on __ and took effect on __
“Anti-Dumping Act of 1999 was signed on 12 August 1999 and took effect on 04 September 1999.
provide protection to a domestic industry which is being injured, or is likely to be injured, by the dumping of products imported into or sold in the Philippines
provisions of RA No. 8752
The provisions of RA No. 8752, were adopted in Section __ of the Customs Modernization and Tariff Act (CMTA).
Section 711 of the Customs Modernization and Tariff Act (CMTA).
What was the rationale for the passage of RA No. 8752?
- To transform the domestic anti-dumping law into a more workable and simpler piece of legislation providing the safety nets against the inflow of cheap dumped Imports
- To strengthen the rules governing the investigation of anti-dumping cases
- To align the domestic law with the WTO Agreement an Anti-Dumping Practice (Article VI of the GATT 1994)
What other issuances were promulgated to implement RA 8752?
- Joint Administrative Order No. 01, series of 2000 Implementing Rules and Regulations (IRR) of RA 8752
- Tariff Commission Order No. 00-01
Joint Administrative Order No. 01, series of 2000 Implementing Rules and Regulations (IRR) of RA 8752 which took effect on __
10 July 2000
internal rules and regulations to govern conduct by the Commission of anti-dumping investigations
Tariff Commission Order No. 00-01
Tariff Commission Order No. 00-01 took effect on __
05 July 2000
Which government agencies administer the anti-dumping legislation?
- Department of Agriculture (DA) or Department of Trade and Industry (DTI)
- Tariff Commission
- BOC
receives the properly documented application
Department of Agriculture (DA) or Department of Trade and Industry (DTI) - Bureau of Import Services (DTI-BIS
Department of Agriculture (DA) or Department of Trade and Industry (DTI) - Bureau of Import Services (DTI-BIS) receives the properly documented application (DTI for ___ goods and DA for __l products)
(DTI for industrial goods and DA for agricultural products)
determines whether or not a prima facie case exists to warrant initiation of investigation
Department of Agriculture (DA) or Department of Trade and Industry (DTI) - Bureau of Import Services (DTI-BIS)
conducts preliminary investigation to determine whether or not provisional measures (dumping bond) may be imposed
Department of Agriculture (DA) or Department of Trade and Industry (DTI) - Bureau of Import Services (DTI-BIS)
issues the Department Order implementing an anti-dumping measure pursuant to the results of its preliminary investigation and the formal investigation of the Commission,
Secretary of Department of Agriculture (DA) or Department of Trade and Industry (DTI) - Bureau of Import Services (DTI-BIS)
conducts the formal investigation and makes the final determination for purposes of the imposition (or non-imposition) of a definitive anti-dumping duty
Tariff Commission
conducts the review of anti-dumping (i.e., new shipper’s review, interim or changed circumstances review, and sunset or expiry review)
Tariff Commission
collects the anti-dumping duties
BOC
An anti-dumping investigation covers any product which is imported into the Philippines at an ___ less than its __ in the ordinary course of trade
An anti-dumping investigation covers any product which is imported into the Philippines at an export price less than its normal value in the ordinary course of trade