Quotation of the Day…

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… is from page viii of Brink Lindsey’s and Dan Ikenson’s superb 2003 book, Antidumping Exposed: The Devilish Details of Unfair Trade Laws:

Antidumping laws, contrary to the claims of their supporters, do not ensure a level playing field. Instead, they penalize foreign producers for engaging in commercial practices that are perfectly legal and unexceptional when engaged in by domestic companies. Such discrimination against foreign firms creates an unlevel playing field for imports. In other words, antidumping laws discriminate against imports, and that is the essence of protectionism.