Open AccessAnti-Dumping Policy and Its Effect on Indian Pharmaceutical Sector
Author(s) -
Astha Srivastava,
Shivangi Sinha
Publication year - 2019
Publication title -
international journal of engineering and advanced technology
Language(s) - English
Resource type - Journals
ISSN - 2249-8958
DOI - 10.35940/ijeat.f1207.0886s19
Subject(s) - dumping , harm , protectionism , international trade , value (mathematics) , commercial policy , international economics , business , economics , political science , law , machine learning , computer science
Trade policy regimes are changing and growing towards a protectionist attitude. Liberal trade policies might harm the trade and commerce of a country. Therefore GATT contains some measures for the member countries to impose higher protection against imports. One of these measures is known as Antidumping. When a country sends its products to another country and sells it at less than the normal value it is known as dumping. Dumping results into harm to the established market practices and anti-competitive activities. Significance Statement: The paper aims at studying anti-dumping policies prevalent in our country and how dumping is effecting the pharmaceutical sector of the country.