This paper is organized as follows : Section Ⅱ discusses the definition of dumping in economic and legal terms, and reviews certain types of dumping and their impacts. Section Ⅲ first examines some characteristics of existing anti-dumping rules in comparison with other trade measures such as general tariffs and safeguards, and then reviews the legislative background of GATT/WTO anti-dumping laws. In section Ⅳ, the rationales of current anti-dumping rules are evaluated from the perspectives of price discrimination, sales below cost and predation. Section Ⅴ analyzes some major anti-competitive factors in current anti-dumping rules. Section Ⅵ then suggests some guidelines for reform of current rules in the context of competition policy. Finally, section Ⅶ concludes the paper.

Ⅰ. Introduction

Ⅱ. Dumping: Definition and Types

Ⅲ. Anti-Dumping Rules: Characteristics and History

Ⅳ. Economic Rationales for Anti-Dumping Rules

Ⅴ. Anti-Competitive Effects of Anti-Dumping Rules

Ⅵ. Reform of Anti-Dumping Rules

Ⅶ. Conclusion

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