This paper investigates the domestic government's antidumping duty choice in an asymmetric information framework where … penalty duties. We show that the antidumping framework within GATT/WTO may not only offer the means to pursue strategic trade … optimal strategic trade policy. -- Antidumping duties ; asymmetric information ; trade protection ; strategic trade policy …

tariffs ; retaliation ; tariff wars ; heterogeneous firms ; World Trade Organization ; Nash equilibrium …

is a progression from u sing tariffs only to quotas, and to antidumping constraints (when quotas are jointly eliminated …