Dumping is
A) international price discrimination.
B) international monopolistic pricing.
C) collusive behavior among producers in different countries.
D) selling goods produced with government approval.
Answer: A) international price discrimination.
You might also like to view...
A good example of a monopolistic competitive industry is
A) the U.S. auto industry. B) the public utility industry. C) the computer game industry. D) mining.
According to the adaptive expectations theory, people form their expectations of the future on the basis of future expectations
a. True b. False Indicate whether the statement is true or false
Putting quarters into a Las Vegas slot machine and receiving quarters out of that machine is analogous to
a. the gross domestic product b. aggregate demand c. aggregate supply d. consumption e. the circular flow of money through firms and households
Supply curves that are horizontal are called perfectly elastic and have an infinite elasticity, whereas supply curves that are vertical are called perfectly inelastic and have a zero elasticity
a. True b. False Indicate whether the statement is true or false