Zeroing

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Zeroing

Zeroing in International Trade

Meaning of Zeroing, according to the Dictionary of International Trade (Global Negotiator): In the World Trade Organization (WTO) dumping procedures, an investigating authority usually calculates the dumping margin by getting the average of the differences between the export prices and the home market prices of the product in question. When it chooses to disregard or put a value of zero on instances when the export price is higher than the home market price, the practice is called “zeroing”. Critics claim this practice artificially inflates dumping margins.

Zeroing in 2011

United States views on international law (based on the document “Digest of U.S. Practice in International Law”): As discussed in World Encyclopedia of Law 2010 at 487-90, the United States has taken steps to comply with findings adopted by the DSB in several disputes challenging the U.S. practice of “zeroing” in antidumping administrative reviews. Additional panel reports issued in 2011 also found the past practice of zeroing to be inconsistent with U.S. obligations. In United States – Antidumping Administrative Reviews and Other Measures Related to Imports of Certain Orange Juice from Brazil (DS382), discussed in the 2011 Annual Report at 94, the panel found that the use of zeroing was inconsistent with the Antidumping Agreement. The DSB adopted the panel's recommendations and ruling on June 17, 2011. The United States stated its intention to implement the recommendations and ruling. In United States – Use of Zeroing in Antidumping Measures Involving Products from Korea (DS402), discussed in the 2011 Annual Report at 96-97, the panel circulated its report on January 18, 2011, finding that the United States' use of zeroing methodology was inconsistent with its WTO obligations. On February 24, 2011, the DSB adopted the panel's recommendations and rulings. The United States agreed to implement the recommendations and rulings and notified the DSB on December 19, 2011 that it had done so. In United States – Anti-dumping Measures on Certain Shrimp from Vietnam (DS404), discussed in the 2011 Annual Report at 97-98, the panel issued its report on July 11, 2011 finding the use of zeroing to be inconsistent with the Antidumping Agreement and the GATT 1994. On September 2, 2011, the DSB adopted the panel's recommendations and rulings. The United States stated its intention to comply with the recommendations and rulings within a reasonable period.

Zeroing

In relation to the international law practice and Zeroing in this world legal Encyclopedia, please see the following section:

Trade, Commercial Relations, Investment, Transportation

About this subject:

World Trade Organization

Under this topic, in the Encyclopedia, find out information on:

  • Dispute Settlement
  • Disputes brought against the United States

. Note: there is detailed information and resources, in relation with these topics during the year 2011, covered by the entry, in this law Encyclopedia, about Zeroing

Resources

See Also

  • Trade
  • Commercial Relations
  • Investment
  • Transportation
  • World Trade Organization
  • Dispute Settlement
  • International Disputes
  • United States

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  105. Biodiversity Concept of Biodiversity An introductory definition of Biodiversity is provided here: two kinds: species and genetic diversity, species diversity refers to the differences between species, while genetic diversity refers to differences within species Biodiversity (in the Human Development Area) [...]...
  106. Special 301 Report Intellectual Property: Special 301 Report in 2011 United States views on international law (based on the document "Digest of U.S. Practice in International Law"): On May 2, 2011, the Office of the U.S. Trade Representative ("USTR") announced the issuance of the 2010 Special [...]...
  107. Tpp Key Features Key Features in 2011 United States views on international law (based on the document "Digest of U.S. Practice in International Law"): • Comprehensive market access: to eliminate tariffs and other barriers to goods and services trade and investment, so as to create new [...]...
  108. Us Free Trade Agreements Free Trade Agreements With Panama, Colombia, and Korea in 2011 United States views on international law (based on the document "Digest of U.S. Practice in International Law"): On October 21, 2011, President Obama signed legislation implementing the Panama, Colombia, and Korea free [...]...
  109. Aviation Impacts on Climate Change Addressing Aviation Impacts on Climate Change in 2013 United States views on international law [1] in relation to Addressing Aviation Impacts on Climate Change: For background on U.S. efforts to arrive at a multilateral approach to addressing aviation's impact on climate change and to [...]...
  110. Central America Free Trade Agreements Dominican Republic-central America-united States Free Trade Agreement ("cafta-dr") in 2013 (Continuation) United States views on international law [1] in relation to Dominican Republic-central America-united States Free Trade Agreement ("cafta-dr"): TRANSPARENCY AND [...]...
  111. First Sale Doctrine U.S. Supreme Court's Decision in Kirtsaeng v. John Wiley & Sons in 2013 United States views on international law [1] in relation to U.S. Supreme Court's Decision in Kirtsaeng v. John Wiley & Sons: On March 19, 2013, the U.S. Supreme Court issued its decision in Kirtsaeng v. John [...]...
  112. Foreign Investment in the United States Committee on Foreign Investment in the United States in 2013 (Continuation) United States views on international law [1] in relation to Committee on Foreign Investment in the United States: So plaintiff's entire ultra vires claim is premised upon the notion that the only thing the [...]...
  113. Foreign Official Immunity Samantar v. Yousuf in 2013 United States views on international law [1] in relation to Samantar v. Yousuf: After the Supreme Court decided the issue of applicability of the FSIA to foreign official immunity in Samantar in 2010, the case was remanded to the district court. The United States [...]...
  114. Intellectual Property Policy Intellectual Property Law and Policy Contents of Intellectual Property Law and Policy Contents of this subject matter include: (Copyright Law – introduction, subsistence and exclusive rights; Copyright law – balancing the interests, dealing with copyright) Patents and Biotechnology [...]...
  115. International Trade Crossing Issuance of Presidential Permit for New International Trade Crossing in Detroit in 2013 United States views on international law [1] in relation to Issuance of Presidential Permit for New International Trade Crossing in Detroit: On April 12, 2013, the Department of State issued a [...]...
  116. Marrakesh Treaty to Facilitate Access to Published Works for Persons Who Are Blind, Visually Impaired, Or Otherwise Print Disabled Marrakesh Treaty to Facilitate Access to Published Works for Persons Who Are Blind, Visually Impaired, or Otherwise Print Disabled in 2013 United States views on international law [1] in relation to Marrakesh Treaty to Facilitate Access to Published Works for Persons Who Are Blind, [...]...
  117. Non-disputing Party Submission Non-disputing Party Submission Under Chapter 11 of the North American Free Trade Agreement in 2013 United States views on international law [1] in relation to Non-disputing Party Submission Under Chapter 11 of the North American Free Trade Agreement: On April 19, 2013, the United States [...]...
  118. Non-disputing Party Submission under the Nafta Non-disputing Party Submission Under Chapter 11 of the North American Free Trade Agreement in 2013 (Continuation) United States views on international law [1] in relation to Non-disputing Party Submission Under Chapter 11 of the North American Free Trade Agreement: 8. The phrase "in [...]...
  119. Open Skies Agreements Bilateral Open Skies and Air Transport Agreements in 2013 United States views on international law [1] in relation to Bilateral Open Skies and Air Transport Agreements: Information on recent U.S. Open Skies and other air transport agreements, by country, is available at (Secretary of State [...]...
  120. Patent Law Treaty U.S. Joins Patent Law Treaty as a Contracting Party in 2013 United States views on international law [1] in relation to U.S. Joins Patent Law Treaty as a Contracting Party: On September 18, 2013, U.S. Ambassador to the UN in Geneva Betty King deposited the U.S. instrument of ratification [...]...

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