WORKING PAPER NO. 85

ANTI DUMPING LAW AND PRACTICE: AN INDIAN PERSPECTIVE

ARADHNA AGGARWAL

APRIL, 2002

INDIAN COUNCIL FOR RESEARCH ON INTERNATIONAL ECONOMIC RELATIONS Core-6A, 4th Floor, India Habitat Centre, Lodi Road, New Delhi-110 003

Contents

Foreword ................................................................................................................................ i I II Introduction ................................................................................................................1 Antidumping Law and Practice : Economic Perspectives .........................................4
II.1 II.2 II.3 II.4 Consumer welfare argument.....................................................................................6 Strategic Trade Policy Argument ...........................................................................21 Optimal Tariff Argument........................................................................................24 Political Economy Argument : Preliminary Evidence............................................29

III

Anti Dumping Law and Practice : Legal Perspectives............................................33
III.1 III.2. III.3 Methodological Aspects .........................................................................................33 Other Procedural Issues ..........................................................................................56 Institutional aspects ................................................................................................62

IV

Conclusion ...............................................................................................................66

Foreword

This paper, ‘Anti Dumping Law and Practice: An Indian Perspective’ by Aradhna Aggarwal is part of a capacity building exercise at ICRIER and has been prepared under the guidance and