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Chapter 2 sets out the theories and relevant concepts used in the book. The arguments for and against anti-dumping laws are explained considering efficiency, fairness and political issues. The theories used are interdisciplinary in nature and require a political economy perspective. Also, macro and micro views need to be taken into account because anti-dumping investigations involve both states and firms. Later, the justifiable level of anti-dumping laws is discussed. Anti-dumping laws are ill-defined cures for market distortions; this book suggests that the improvement of procedural justice can reduce the negative reaction to anti-dumping laws by limiting their misuse.
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