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This paper examines dumping practices between firms in developed and less developed countries. It presents a model showing that developed country firms sell higher-quality products without dumping, while less developed country firms sell lower-quality products and practice dumping in developed country markets. The paper analyzes the welfare effects of free trade, antidumping duties, and price undertakings on consumers and producers in both countries. It finds that imposing antidumping duties on dumped impor

Author

sm jahed

Language

EN