Price Undertaking

Price undertaking in Global Commerce Policy

In this regard, price undertaking is: an undertaking by an exporter to raise the export price of the product to avoid the possibility of an anti-dumping duty. The entries on trade policy are here. A price undertaking is not supposed to exceed the alleged margin of dumping, and preferably it should be at the lowest possible level that would be adequate to remove the threat of injury from domestic industry. See also anti-dumping measures, lesser-duty principle and trade harassment.[1]

Price undertakingin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Price undertaking” entry (OAS)

See Also