Dumping a) always leads to negative profits of a firm b) is the situation when a...
Dumping
a) always leads to negative profits of a firm
b) is the situation when a firm exports good at a higher than domestic price or at a price higher than its average costs
c) always lead to the decrease in world welfare
d) is considered unfair by the rules of the WTO
Homework Answers
Ans. - (D)
Dumping occurs when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter's domestic market. It is considered unfair by the rules of the WTO.
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Dumping
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