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TeachMeFinance.com - explain Antidumping duty Antidumping duty The term 'Antidumping duty ' as it applies to the area of agriculture can be defined as ' A duty or levy imposed under authority of Title VII of the U.S. Tariff Act of 1930. Title VII states that if the U.S. Department of Commerce determines that an imported product is being sold at less than its fair value, and if the International Trade Commission determines that a U.S. producer is thereby being injured, the Commerce Department shall apply antidumping duties equivalent to the dumping margin'. Previous 5 Terms: Anticline Anticyclogenesis anticyclone anticyclone (high-pressure area) Anticyclonic Rotation Next 5 Terms: antigen antilithic Antilles Current Antisense antiviral About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.