Special topic and technical annexes

When a company exports a product at a price lower than the price it normally charges on its own home market, it is said to be “dumping” the product. The normal value is generally the price of the product at issue, in the ordinary course of trade, when destined for consumption in the exporting country market. In certain circumstances, for example when there are no sales in the domestic market, it may not be possible to determine normal value on this basis. The Anti-Dumping Agreement provides alternative methods for the determination of normal value in such cases. The WTO Agreement does not regulate the actions of companies engaged in “dumping”. Its focus is on how governments can or cannot react to dumping — it disciplines antidumping actions.