When a firms "dumps" some of its products in another country, it

A) creates an environmental hazard in the receiving country.
B) sells its goods abroad at a price lower than it costs to produce the goods.
C) increases the total level of employment in the receiving country.
D) is specializing according to comparative advantage.

B

Economics

You might also like to view...

When the president says that "High inflation rates are a much more serious economic problem than high unemployment rates," it is an example of

A) a normative statement. B) an empirically proven fact. C) a positive statement. D) an irrational argument.

Economics

If a nation experiences a rapid increase in the number of immigrants, which increases its aggregate supply:

a. Average price level and real GDP should remain constant until the immigrants become citizens. b. Average price level and real GDP should fall. c. Average price level and real GDP should rise. d. Average price level should fall, and real GDP should rise. e. Average price level should rise, and real GDP should fall.

Economics