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Concept information

Preferred term

countervailing duties  

Definition

  • A countervailing duty is intended to neutralize the competitive advantage that a firm gains when exporting to a foreign market due to the receipt of subsidies from its home government. It is an additional duty that removes the advantage gained by the receipt of the subsidy. [Source: Encyclopedia of Business in Today's World; Countervailing Duties]

Broader concept

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-S2LJMQN8-7

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