tag:blogger.com,1999:blog-2830084253401570472.post3923258128902160422..comments2024-03-28T09:22:36.967+13:00Comments on Offsetting Behaviour: Anti-dumpingEric Cramptonhttp://www.blogger.com/profile/15831696523324469713noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2830084253401570472.post-35868530519245674092009-11-10T12:03:16.078+13:002009-11-10T12:03:16.078+13:00Arrgghh. Anti-dumping is one of the stupider duti...Arrgghh. Anti-dumping is one of the stupider duties that we have. I mean, really, who sells us product below cost? And, if they are selling us product below cost, is that really all that bad?<br /><br />The problem is that the idea sounds good (protect our markets from short-term distortions). The practice is appalling, as the govt official in Wellington has no way of knowing what the real cost of production of those 2000 dairies was, so they make it up. And get it wrong more often than not.<br /><br />To be blunt, I find it very unlikely that this artist in NZ somehow magically found the company in China that was prepared to sell to him below cost. I find it much more likely that the NZ-based bureaucrat has miscalculated what the true costs of production are in China.PaulLhttps://www.blogger.com/profile/17880559466808887420noreply@blogger.com