Abstract
Since the signing of the General Agreement on Tariffs and Trade (GATT) in 1947, free trade has been widely adopted and has enabled countries to enjoy prosperity. It was aimed to foster free trade by reducing tariffs and by settling an international mechanism to solve international trade disputes. This agreement was replaced in 1995 by the World Trade Organization (WTO), which was aimed to implement an opened and multilateral trading system. Nevertheless, some companies have succeeded to convince their governments to protect themselves from overseas competition. Anti-dumping (AD) was thus adopted to cut down on harsh competition. It is an official policy introduced to heal the problem of dumping. Under the coverage of contending for allegedly unfair trading practices, governments have implemented AD laws. They were designated to thwart foreign companies that were accused of practicing dumping. " A product is to be considered as being dumped, i.e. introduced into the commerce of another country at less than its normal value, if the export price of the product exported from one country to another is less than the comparable price, in the ordinary course of trade, for the like product when destined for consumption in the exporting country."
