MALA FIDE COMPETITION AND INTERNATIONAL TRADE

Abstract

The adoption of the WTO pattern-based unified international trading rules and policies did not eliminate the international trade conflicts. The main subject matter of the trade conflicts is the so called mala fide competition. The term is understood to mean primarily the price dumping performed by the exporters. From the point of view of the market economy, the measures confronting the dumping are a rather controversial matter. On the one hand, price dumping is seen as a manifestation of the mala fide competition in the international trade sphere, and the WTO policies permit the use of the anti-dumping measures. On the other hand, the very anti-dumping measures often become a masked tool used by the protectionist policy champions in order to protect the national economy from the competing importers.