Which of the following is an argument against the idea that tariffs are necessary to protect against dumping?
a. It is difficult to assess whether a country is dumping its products or simply has lower production costs.
b. Products dumped by foreign suppliers are usually outdated and pose no threat to domestic suppliers.
c. It is considered more important to stockpile foreign goods to maintain supply during a war.
d. Tariffs are not needed to counter dumping because environmental laws are in place to punish violators.
a. It is difficult to assess whether a country is dumping its products or simply has lower production costs.
You might also like to view...
The above figure shows a housing market with a rent ceiling equal to $1,000. In this figure, after taking account of the resources lost in search, what area is equal to the consumer surplus?
A) area A B) area B C) area C D) area D E) area E
Why should a perfect competitor produce at which price equals marginal cost?
What will be an ideal response?