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22 Tex. Int'l L. J. 265 (1987)
United States Antidumping Law: The Case for Reconsideration

handle is hein.journals/tilj22 and id is 275 raw text is: United States Antidumping Law: The Case
for Reconsideration
MICHAEL S. KNOLLt
SUMMARY
I. THE MODERN CONCEPT OF DUMPING ......................           266
I. AN OVERVIEW OF UNITED STATES ANTIDUMPING LAW             ....  268
A. Early United States Antidumping Statutes ...............    268
B.  Current United States Antidumping Law .................    269
1. Substantive Changes Under the 1979 Act ............    269
2. United States Law and its Relation to GATT
Antidumping Law ..................................     270
3. Investigative Procedure in Dumping Cases ...........   271
(a) The DOC Investigation .........................    271
(b) The ITC Investigation ..........................   273
4. Legislative History of the 1979 Act ..................  274
III. THE ECONOMICS OF DUMPING AND SUBSIDIES COMPARED ..             277
A.   The Economics of Dumping .............................    278
B.   The Economics of Subsidies .............................  281
C. Dumping as an Unfair International Trade Practice ......   283
1. Dumping as an Act ................................     283
2. Dumping as Unfair to Competing Domestic Producers
284
3. Dumping and Extraterritorial Effects ................  285
4. Dumping and Injury ...............................     286
5. Dumping as a Cross-Subsidy ........................    286
IV.  CONCLUSION   ...............................................   288
t Associate, Debevoise & Plimpton, New York, N.Y. Former Legal Advisor to the
Vice Chairman, United States International Trade Commission. A.B., 1974; A.M., 1977;
Ph.D., 1983; J.D., 1984, The University of Chicago. I am indebted to Richard Boltuck, my
colleague at the Commission, who not only provided a number of valuable insights after
reading an earlier draft, but whose own work on the economics of dumping was the inspiration
for much of this paper. I have also had the benefit of an excellent memorandum on dumping
written by David Abramowitz, who served as an intern in the Vice Chairman's office during
the summer of 1986. The views expressed in this paper are solely those of the author, who is
alone responsible for any remaining errors.

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