countervailing duty
Appearance
English
[edit]Noun
[edit]countervailing duty (plural countervailing duties)
- A duty levied on an imported article to offset the unfair price advantage it holds due to a subsidy paid to producers or exporters by the government of the exporting country if such imports cause or threaten injury to a domestic industry.
- A duty or surtax levied on an imported article to offset an excise or inland revenue tax placed upon articles of the same class manufactured domestically.
Translations
[edit]duty on imported article to offset unfair price advantage
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