The United States imposed a duty of 44.99 to 47.59 percent on wind towers produced in China and Vietnam and imported to the United States after they found evidence both countries were selling them at below fair market value, or ________, the practice
of charging less than its costs or less than it charges at home to win a market.
A) arm's-length pricing
B) gray marketing
C) counterfeiting
D) transfer pricing
E) dumping
E
Business
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Market offering includes everything from pure tangible goods to pure services, as well as combinations of goods and services. Which of the following is NOT a product or service?
A) breakfast cereal B) rental car C) free concert D) shoes E) haircut
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What is the economy experiencing when a society cannot produce all the goods and services people wish to have?
a. scarcity b. externalities c. market failure d. communism
Business