A foreign company partially owned by the foreign government, manufactures televisions in the foreign country. The cost to the company for the manufacture of the product in the U.S. is the equivalent of $100. Because of excess production, the firm exports 5,000 sets to the United States where they are sold for $120 each. If the nearest rival U.S.-made set sells for $150, the action of the company:
A) constitutes price-fixing.
B) violates the WTO anti-dumping provisions.
C) violates the Sherman Act, because of the involvement of the foreign government in the company.
D) appears to be legal.
D
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