It is difficult to determine if foreign companies are selling their products for prices below their costs of production because
A) domestic taxes increase the firms' costs but it is difficult to determine the incidence of these taxes.
B) the firms have no legal obligation to reveal this information.
C) costs are calculated in the firms' local currencies.
D) the true costs of production are difficult to calculate.
D
Economics
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In 2011, U.S. GDP totaled approximately:
a. $2.1 trillion b. $2.8 trillion c. $10.7 trillion d. $15.0 trillion
Economics
A disadvantage of chain-weighting is that
A. it causes output growth to slow. B. past growth rates of real GDP change whenever the base year changes. C. the components of real GDP don't sum to real GDP. D. past inflation rates change whenever the base year changes.
Economics