Trade Remedy Measure - Anti Dumping Measure

Question 1

Is a trade remedy measure to protect domestic industries against unfair trade practices caused by dumping.

Answer 1

Anti-Dumping measure

Question 2

An act of exporting a product at a price less than its normal value. Also, a form of price discrimination or differentiation between two national markets.

Answer 2

Dumping

Question 3

CMTA provision adopting the RA 8752 - “Anti-Dumping Act of 1999”

Answer 3

Sec 711

Question 4

When was RA 8752 signed and took effect?

Answer 4

Aug 12, 1999 and Sept 4, 1999, respectively

Question 5

Elements of dumping:

Answer 5

a. Like product.
b. Price difference/dumping margin
c. Material injury
d. Causality

Question 6

An element of dumping where the product is identical or alike in all respect or closely resembling.

Answer 6

Like product.

Question 7

It refers to domestic producers of like products as a whole or to those such producers whose collective output of the products constitutes a major proportion of the total domestic production of those products in the industry concerned.

Answer 7

Domestic Industry

Question 8

An element of dumping where the amount by which the normal value exceeds the export price.

Answer 8

Price difference/dumping margin

Question 9

It refers to the price prevailing in the exporting country.

Also, foreign producer’s domestic selling price.

Answer 9

Normal value

Question 10

It refers to the selling price to an importer.
Price paid or the selling price to an importer.
Ex-works price at the point of sale for export.
FOB price at the point of shipment.

Answer 10

Export price

Question 11

Dumping margin formula.

Answer 11

DM = NV - EP or DM = NV - EP/EP (percentage)

Question 12

It refers to the domestic prices in the exporting country.

Answer 12

Alternative normal value.

Question 13

It refers to the constructive or deductive price, i.e., domestic selling price of imported articles less than cost incurred after exports, e.g., customs duty, sales tax, selling, administrative expenses and profits; or reasonable price.

Answer 13

Alternative export price

Question 14

How to determine dumping margin?

Answer 14

Individual margin of dumping for each know exporter.

Question 15

Refers to material injury to a domestic industry, a threat a material injury, or material retardation of the establishment of a domestic industry.

Answer 15

Material injury

Question 16

Basis of material injury test.

Answer 16

a. volume and effect of dumped imports to domestic market

b. impact of dumped imports on domestic producers

Question 17

An element of dumping that refers to overall assessment that the material injury suffered by the domestic industry is the direct result of the importation of the dumped import.

Answer 17

Causality

Question 18

It refers to trade counter-measure adopted by the government to offset any bounty or subsidy given to exporters which is not generally available to other producers of the exporting country.

Answer 18

Subsidies and countervailing measure.

Question 19

RA 8751

Answer 19

Countervailing act of 1999

Question 20

Elements of countervailing

Answer 20

a. Like product
b. Subsidy
c. Material injury
d. Causality

Question 21

It refers to any specific assistance, e.g., financial contribution, income or price support schemes directly or indirectly provided by the government of the country of export or origin in respect of the product imported into the country.

Answer 21

Subsidy

Question 22

Refers to “yellow subsidies” where a subsidy is explicitly limited to an enterprise or group of enterprises, industry sector or group of industries, or designated geographic region within the jurisdiction of the granting authority.

Answer 22

Countervailable Subsidy

Question 23

Refers to “red subsidies”, includes export subsidies. Those that are contingent on export performance and the use of domestic over imported goods.

Answer 23

Prohibited subsidy.