A foreign discriminating monopolist is engaging in:

a. infant industry protection.
b. dumping its product.
c. giving preferential treatment to domestic consumers.
d. charging higher prices to foreign consumers.

Ans: b. dumping its product.

Economics

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The poverty rate in 2008 was _________ the poverty rate in 1960.

A. much lower than B. a little lower than C. about the same as D. a little higher than

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