No dumping. (anti-dumping laws and free trade) From: The American Prospect | Date: September 1, 1998| Author: Mastel, Gregory | COPYRIGHT 1998 The American Prospect, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Anti-dumping laws, by imposing import duties that bring dumped imports closer to US market prices, are geared to prevent cheap foreign products from undercutting American industry. Free-marketeers claim anti-dumping laws distort otherwise free markets but anti-dumping policies are a remedial measure to bring market conditions back to normal.

Laissez-faire economists love to hate anti-dumping laws. By imposing import duties that bring dumped imports closer to U.S. market prices, t...

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