1980 | OriginalPaper | Chapter
Development of Dumping in International Trade
Author : Richard Dale
Published in: Anti-Dumping Law in a Liberal Trade Order
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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The origin of the word ‘dump’ is uncertain. Its usage, however, by the early nineteenth century had come to mean the act of throwing down in a lump or mass, as with a load from a cart, and it was then a natural extension to apply the word to the disposal of refuse and to describe as a dumping ground a market for the disposal of surplus stock. By the beginning of this century ‘dumping’ was used in English-language trade literature to describe loosely a situation in which goods were sold cheaply in foreign markets and today the term is used internationally to signify the practice of price discrimination in international trade.