In international trade, dumping refers to
a. producing a lower quality good for export than what is produced for domestic consumption
b. selling an export at a higher price than its price to domestic consumers
c. selling an export at a price below its cost of production
d. producing a lower quality good for domestic consumption than for export
e. paying workers below subsistence wages
C
You might also like to view...
A decrease in government spending on the park system would cause
A) the aggregate demand curve to shift to the right. B) the aggregate demand curve to shift to the left. C) a movement down and to the right along the aggregate demand curve. D) a movement up and to the left along the aggregate demand curve.
Changing the price of good Y will
A. only affect the demand for that good. B. have effects across some markets. C. keep prices down in all markets. D. have no effect.