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Simple English definitions for legal terms

countervailable subsidy

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A quick definition of countervailable subsidy:

A countervailable subsidy is a type of financial assistance given by a foreign government to a company that exports goods to another country. This subsidy can take many forms, such as tax breaks, low-interest loans, or research-and-development support. If the importing country believes that this subsidy is causing harm to its domestic industry, it can impose a countervailing duty on the imported goods. This duty is meant to offset the advantage that the subsidy gives to the foreign company.

A more thorough explanation:

A countervailable subsidy is a financial contribution made by a foreign government or public entity that benefits exporters to another country. This subsidy can take various forms, such as tax breaks, low-interest loans, or research-and-development support.

For example, if a foreign government provides a low-interest loan to a company that exports goods to the United States, this would be considered a countervailable subsidy. The United States may impose a countervailing duty on these goods if they cause or threaten to cause harm to domestic industry.

Another example of a countervailable subsidy is when a foreign government provides raw materials to a company at below-market prices, giving them an unfair advantage in the global market. This subsidy can harm domestic industries in other countries and may lead to the imposition of countervailing duties.

In summary, countervailable subsidies are financial contributions made by foreign governments that benefit exporters and can harm domestic industries in other countries. These subsidies can be countered by imposing countervailing duties on the imported goods.

countertrade | countervailing duty

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HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
CheeseIsMyLoveLanguage
13:24
@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)
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