"Dumping" refers to
A) the sale of goods abroad at a price below their cost and below the price charged in the domestic market.
B) unloading of foreign goods on domestic docks.
C) government actions to remedy "unfair" trade practices.
D) buying goods at low prices in foreign countries and selling them at high prices in the United States.
A
You might also like to view...
As output expands,
A. increasing returns will follow diminishing returns. B. diminishing returns will follow increasing returns. C. increasing returns and diminishing returns will occur simultaneously.
The period between a business cycle peak and the subsequent trough is called
a. a recession. b. a complete cycle. c. an expansion. d. a change in economic trend.
If the price of a slice of pizza rises from $2.50 to $3, and quantity demanded falls from 10,000 slices to 7,400 slices, using the formula for arc price elasticity what is the percentage change in price?
A) 18.18% B) 29.89% C) 20% D) 16.67%
What are the two largest categories of federal tax receipts?