domestic industry is indeed having competing products being dumped in its country, it is possible that it could be injured. The lower price imports could decrease the amount of domestic products purchased, and domestic companies may not be able to lower their prices in order to compete with these imports. Thus, antidumping procedures may be prudent in these cases. Antidumping can be a necessary measure for countries to enforce in certain cases. However, this paper focuses with the problems of antidumping. One particular issue is whether or not countries are using the valid methods (by the WTO's standards) to determine the presence of antidumping. Since this is such a controversial issue, this paper often examines the results if there are antidumping measures placed on products that are not actually being dumped or that do not severely harm domestic industries. It should be absolutely noted that this is not all there is to say about antidumping. Rather, it describes some of the arguments against antidumping. The WTO has in place a very long and complicated set of agreements on antidumping. This agreement contains some new additions to the GATT's antidumping rules. The WTO contains more specific procedures about how antidumping investigations can be started and how they can be carried out. There are also more specific rules for calculating the dumping margin and determining injury. There is a new sunset clause about how long antidumping duties can be in place. Plus, with the new panel dispute settlement mechanism in the WTO, new rules had to be formed to accommodate it(Consultations with Canadians). Some of the key pieces of the WTO agreement can be summed up as follows. First, an antidumping investigation cannot be started unless the companies that start the investigation make up more than 25 percent of total domestic production. The dumping margin is the difference between the "normal price" (or the fair price, usually comparable to th...
