92%(25)23 out of 25 people found this document helpful
This preview shows page 7 - 9 out of 20 pages.
This feature explores the dumping charged levied by U.S. Magnesium against Chinese and Russian producers. According to U.S. Magnesium, the sole American producer of magnesium, Russian and Chinese producers were selling magnesium significantly below market value in an effort to drive U.S. Magnesium out of business. The company failed a complaint with the International Trade Commission (ITC) which ultimately ruled in favor of U.S. Magnesium.Suggested Discussion Questions1. What is dumping? Were Chinese and Russian producers guilty of dumping? How did U.S. Magnesium justify its claims against Russian and Chinese producers?2. What does the ITC’s ruling mean for American consumers of magnesium? In your opinion, was the ruling fair?