What Is the Dumping Argument for Protection from International Trade

question 31

Multiple Choice

What is the dumping argument for protection from international trade?

• A) Foreigners selling products in the economy limit the nation's diversity and stability.
• B) Foreign producers selling below cost to drive domestic firms bankrupt must be stopped.
• C) Any firm necessary in wartime must be protected.
• D) Domestic jobs must be protected from competition from low-paid foreign workers.
• E) Domestic firms must be protected until they gain a comparative advantage.

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Definitions:

Disconfirm The Claim

To provide evidence or reasoning that contradicts and invalidates a particular claim or hypothesis.

Strong Critical Thinker

A person who employs advanced analytical and evaluative skills to interpret information, make decisions, and solve problems.

Confirm The Claim

To validate or substantiate a statement or assertion through evidence or demonstration.

Suspend Judgment

Refers to deliberately withholding one's evaluation or conclusion about something until enough evidence is gathered.