China is both the world's largest producer and consumer of wheat. In an attempt to gain a larger slice of the important Chinese market, both the European Community and the United States have offered China subsidised wheat. In addition, other exporters have offered attractive credit arrangements...

As a signatory of the General Agreement on Tariffs and Trade (GATT), Australia is permitted to impose duties on goods that have been imported below 'normal value' and have caused or threatened to cause 'material injury' to the domestic industry producing 'like goods'. There has been a recent...