Management- In International Trade. A Critical Evaluation to WTO introduced Dumping ? Anti Dumping tools and its Measures in International Trade

Understanding trade’s contribution to growth is important because even relatively modest changes in the rate of economic growth can have dramatic consequences for standards of living over a generation or two, as seen above. Thinking of the current international trade that is in a pendulum between dumping and antidumping measures, the advent of a world free from unfair trade practices may be premature. But fair and orderly trade practices are indispensable for a continuous, harmonious growth of the world economy. In this regard, it is the WTO is most expected to play a more aggressive role in opening closed markets, eliminating unfair trade practices, and contributing to the realization of truly free international trade. No less important than the role of the WTO are those of each individual country and regional blocs that they are required to act in conformity with the guide-lines of the WTO.