1. Which of the following three beverage exporters is dumping in the U.S. market? Which is...
1. Which of the following three beverage exporters is dumping in the U.S. market? Which is not? How do you know?
|
Banzai Brewery (Japan) |
Tipper Laurie, Ltd. (UK) |
Bigg Redd, Inc. (Canada) |
|
|
Average cost |
$10 |
$10 |
$10 |
|
Price charged at the brewery for domestic sales |
10 |
12 |
9 |
|
Price charged at the brewery for export sales |
11 |
11 |
9 |
|
Price when delivered to the U.S. port |
12 |
13 |
10 |
Homework Answers
Bigg Redd is dumping and the other two are not.
A firm is dumping goods in another country when it exports the goods at a price below the average cost of production.
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