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UPSC CSE Prelims Trade Remedy Duties Flashcards

Master 6 trade remedy duties concepts for the UPSC CSE Prelims.

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Question

Consider the following statements regarding Anti-Dumping Duty:

  1. It is a tariff imposed by a domestic government on foreign imports that are priced below fair market value.
  2. Its primary purpose is to offset government subsidies provided in the exporting country.

Which of the statements given above is/are correct?


Question

Identify the distinct institutional roles in India's trade remedy framework.


In India, the conducts the investigation and recommends anti-dumping duties, but the actual notification and levy of the duty is executed by the .

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