Special Trade Measures in the Republic

This text discusses the special trade measures that the Government of the Republic may use to restrict imports or exports of goods. These measures include anti-dumping duties, countervailing duties, and safeguard measures.

Questions

• What are the special trade measures that the Government of the Republic may use?
• What are anti-dumping duties?
• What are countervailing duties?
• What are safeguard measures?

Answers

• The special trade measures that the Government of the Republic may use are anti-dumping duties, countervailing duties, and safeguard measures.
• Anti-dumping duties are special duties imposed on importation of goods in order to offset the effects of dumping.
• Countervailing duties are special duties imposed on importation of goods in order to offset the effects of subsidies.
• Safeguard measures are temporary measures that can be imposed to protect domestic industries from sudden surges in imports.