A foreign firm that is selling below cost and is accused of dumping often:

a. lowers its price further to increase the tariff imposed.
b. moves its production to the importing nation to avoid the tariff completely.
c. raises its export prices to reap the rents and avoid the antidumping tariff completely.
d. calls for a ruling by the WTO.

Ans: c. raises its export prices to reap the rents and avoid the antidumping tariff completely.

Economics

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a. True b. False Indicate whether the statement is true or false

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