Which of the following is not correct concerning predatory dumping?
a. It may be a way to discourage the development of domestic production of a good.
b. It may drive out established firms.
c. There are a great number of documented cases of predatory dumping.
d. In actuality, the blocking of entry on a worldwide scale would be extremely difficult to accomplish.
e. In pursuing their monopoly position after dumping, dumpers may actually encourage the entry of other firms.
C
You might also like to view...
If managers at a firm were rewarded for meeting production quota, then:
A. all managers would just meet the quota. B. all managers would exceed the quota. C. some managers would rebel and not meet the necessary quota. D. some managers would just barely exceed the quota.
Selling bonds to finance new government debt leads to an opportunity cost that is
A. Greater than when government debt is financed with taxes. B. The same as financing government debt with taxes. C. Less than when government debt is financed with taxes. D. Dependent on who buys the bonds.
Policies that make it more difficult to fire an employee are likely to:
A. have no impact on unemployment. B. lead to less unemployment. C. affect frictionally unemployed workers more than other unemployed workers. D. lead to greater unemployment.
What is the difference between a slowdown in economic growth and a recession?
What will be an ideal response?