Phase 2 (25% weighting) You are required to write a report on any one of the following situations: You are an Indian trade diplomat writing to the Chinese embassy to make a case for imposing...

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Phase 2 (25% weighting)



You are required to write a report on any one of the following situations:





  1. You are an Indian trade diplomat writing to the Chinese embassy to make a case for imposing anti-dumping duties.


  2. You are a Chinese diplomat writing to the Indian embassy to argue against the case for imposing anti-dumping duties.





While writing this report, you are required to:





  • Draw on the learnings from the comments made by students in the collaborative learning forum as indicated in Phase 1.


  • Use the concepts, principles and theories given in the learning materials (globalisation, economic differences, regional integration, foreign exchange etc.).


  • Read the following article:



Sun, Y & Whalley, J 2016, ‘China's Anti‐dumping Problems and Mitigation through Regional Trade Agreements’, China & World Economy, vol. 24, no. 6, pp. 87-107.





This article provides an insight into the approach to international trade that China can adopt to mitigate its ongoing anti-dumping problems in the 21st century global trade environment. You are required to read this article and draw on its learnings to write your report on the trade issues between the two countries. Consider incorporating some of the ideas or arguments provided in the article, whilst aligning them to your trade position (i.e. Indian trade diplomat writing to the Chinese embassy or vice versa).



Important!



Please note that while writing this report, you should keep in mind that the focus of your discussion should be related to making a case for or against the overall trade and international business between the two countries, rather than just a specific component of that trade (e.g. tariffs, exchange rates, etc.). You can, however, use these specific components or concepts to make your larger case.



Assessment requirements



Written assignment (Phase 2) requirements


Your assessment will be marked according to the criteria outlined in the assessment grading criteria (see Appendix 1).



  • The total required word count for this assessment is 1500 (plus or minus 10%).


  • In terms of presentation and style you are required to use:

    • AIB preferred Microsoft Word settings

    • author-date style referencing (which includes in-text citations plus a reference list).
      These requirements are detailed in theAIB Style Guide.



  • Reference lists for AIB assignments normally contain the following number of relevant references from different sources: 6–12 (for MBA assignments).


  • All references must be from credible sources such as books, industry related journals, magazines, company documents and recent academic articles.


  • Your grade will be adversely affected if your assessment contains no/poor citations and/or reference list and if your assessment word length is beyond the allowed tolerance level (see Assessment Policy available on AIB website).

Answered Same DayMar 04, 2021

Answer To: Phase 2 (25% weighting) You are required to write a report on any one of the following situations:...

Azra S answered on Mar 14 2021
139 Votes
Indian stand on imposing anti-dumping duties on Chinese goods
India and China have enjoyed healthy trade relations for a very long time. These relations have been poised for improvement as both countries seek to enhance and improve their respective economies. Maintaining good relations with neigh
bours is conducive to the development of the entire region (Schiff and Winters, 2003). India, in all its goodwill, has provided sufficient reasons to the Chinese for imposing anti-dumping duties on its products. It is worth reminding here that this has been done, not in order to deter trade with China but in order to protect the local market that stands severely disadvantaged in the face of Chinese products that are extremely cheap when it comes to our local market. India stands by abiding with the international laws in regards to anti-dumping duties and promises to not engage in any sort of unfair trade practice through the levying of anti-dumping duties on Chinese products.
Anti-dumping policy in India
Anti-dumping policies are employed as a tool for protection rather than hampering trade. Such practices have been in place for a long time world-wide. Large imports of products that are significantly cheaper than local produce tend to destroy the local market and adversely affect the economy of the importing nation (Liu and Wang, 2014). In such a case, it becomes mandatory on local governments to take action in the interest of its people. Imported Chinese products if brought at the Chinese price would prove cheaper to the Indian market. This would be highly disadvantageous to the local market which would face substantial losses. In order to protect the local market to an acceptable extent, the Indian government imposes anti-dumping duties to raise the cost of the imported products and give the Indian products a chance to compete fairly with the Chinese products.
The international community has been actively involved in the anti-dumping policies and politics. It has taken interest in protecting the rights of both the importing and exporting countries. In this regard it has issued two sets of rules in regards to anti-dumping practices and duties. First, the GATT Article VI and second, the Anti-Dumping Agreement have been formulated. Both are regulated by the WTO. Several negotiation rounds were held to check Anti-dumping duty abuse including the Tokyo Round Anti-dumping Code and the latest settlement was in the Uruguay round. In addition, the WTO organizes two meetings of an Anti-dumping Committee or AD Committee every year to create a platform for discussing anti-dumping measures for various countries (Vermulst 2005). The Indian government strictly complies with the regulations of the WTO when it comes to Anti-dumping duties. In this regard it can completely assure the Chinese that no unfair measures shall be taken against the Chinese products and only the required amount shall be levied as duty which thereby giving the Chinese products a...
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