Ministry of Commerce recommends anti-dumping duty on Ceftriaxone Sodium Sterile

What is ‘dumping’ in the context of international trade? Discuss the impact of such pervasive practices on international trade and commerce. (150 Words)

Approach:

• Introduce by giving a brief definition of ‘dumping’.
• Enumerate the impact of dumping on International trade.
• Enumerate the measures taken by the International Community and India to tackle such practices.
• Conclusion