Suppose that Far North Canadian Lumber, Ltd., sells lumber in Canada at a price of $1,000 per 1,000 board feet and exports the same lumber to the United States at a price of $600 per 1,000 board feet. U.S. Lumber, Inc., produces and sells lumber for $700 per 1,000 board feet in the United States. What might Far North Canadian Lumber, Ltd., do to avoid the antidumping duty?
a. appeal to the U.S. International Trade Commission
b. raise its price in the Canadian market
c. raise its price in the U.S. market
d. lower its price in the U.S. market
Ans: c. raise its price in the U.S. market
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