United Nations Trade Negotiations
Such practices, which seem very good for consumers because they lower prices, is good in the very near future. In the medium term, the bidder who does that and ends the monopoly supplier competition and may abuse their position. mentions similar findings. Of course, this is a cycle, then they can enter other bidders in the market to compete, but in the process can be finished with national industry and no country can handle that, you do not have instruments that can balance things out. It is known that since the establishment in Venezuela, the Committee on Antidumping and Subsidies (CASS) have been initiated and completed 18 investigations into cases. Venezuela's exports have undergone a similar number of research abroad. According to the Conference by the United Nations on Trade and Development (.), The main problems and challenges of Venezuela can be summarized as follows: a) Venezuelan firms have difficulties in complying with the mechanism established by the ADA. They are particularly important problems of high costs and providing the necessary information, b) in future multilateral trade negotiations could address the important task of reviewing the provisions on antidumping and subsidies in order to clarify vague areas and reduce the margin discretion in the administration and enforcement. In this regard it is essential to work towards greater transparency in the imposition and maintenance of antidumping duties. It is a constant threat of competition from Asian manufacturers, supported by subsidies from their states and labor for low wages that are running business of dumping against the goods and services produced in the country.
Tags: business administration
