Dumping is

A) international price discrimination.
B) international monopolistic pricing.
C) collusive behavior among producers in different countries.
D) selling goods produced with government approval.

Answer: A) international price discrimination.

Economics

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Consumers value the product-specific services for a new smartphone at $20 and the marginal cost to the retailers for providing the product-specific services is $20. From the manufacturer's perspective, a resale price maintenance agreement ________ be successful as it will ________ the equilibrium quantity sold.

A) will not; decrease B) will not; not change C) will not; change D) will; increase

Economics

It is commonly believed that the best ways to motivate an employee are (1) to improve the quality of the workplace and (2) to make the employee feel like he/she is part of the company. How would an economist analyze these statements?

What will be an ideal response?

Economics