The Impact of Antidumping Policy of US Biodiesel Import on Indonesia and Argentina Economy-A General Equilibrium Analysis

Salman Samir, agister Program in Economics, Universitas Gadjah Mada, Indonesia, Samsubar Saleh
2018 International Journal of Social Science and Humanity  
World markets tend to be more free and open. This phenomenon is unavoidable because every country wants a world market that is open to its export products. Every obstacle, both tariff and non-tariff, is attempted to be reduced or eliminated through bilateral, regional and multilateral agreements. While countries expect an increasingly free world market, the United S tates (US ) withdraws and becomes protectionist. In April 2018, the US officially decided on the implementation of antidumping
more » ... of antidumping import tariffs for Argentine and In donesian biodiesel products. The US raised antidumping import tariffs, after accusing the two countries of dumping practices. The tariff policy for imports of antidumping us seeks to protect domestic industries. This study aims to analyze the impact of US antidumping import tariffs on the economies of Indonesia and Argentina. This study uses the Computable General Equilibrium (CGE) model to observe the impact of rising US antidumping import tariffs on the economies of Indonesia and Argentina and other regions. The results of this study found that US antidumping import tariff policies have a negative impact on the economy of Indonesia and Argentina. In addition, the policy also has a negative impact on countries in the Asia-Pacific region and the EU. This shows that the implementation of US antidumping import tariffs for Indonesian and Argentinian biodiesel products has a global impact.
doi:10.18178/ijssh.2018.v9.979 fatcat:mgkbrb2libbolghzoaqxh6pmee