According to current GATT standards, governments cannot penalize foreign companies for dumping if the export price of a given product differs from the domestic price by less than 2%.

Question

Quizplus · Accepted Answer

Under the General Agreement on Tariffs and Trade (GATT) standards, a de minimis threshold of 2% is set for dumping margins, meaning that if the difference between the export price and the domestic price is less than 2%, it is not considered significant enough to warrant anti-dumping measures.

According to Current GATT Standards, Governments Cannot Penalize Foreign Companies