In International Trade,"dumping" Is Defined as Charging

question 39

Multiple Choice

In international trade,"dumping" is defined as charging

• A)a lower price in foreign markets than in the domestic market.
• B)a domestic retail price above the marginal cost faced by a firm importing the product at the wholesale level.
• C)export prices below average cost for a short period of time.
• D)export prices below average cost for any period of time.
• E)export prices below marginal cost for any period of time.

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Definitions:

National Priority List

A list in the United States that identifies sites that are priorities for investigation and cleanup because they release or threaten to release hazardous substances.

Comprehensive Environmental Response, Compensation, and Liability Act

A U.S. federal law, established to clean up sites contaminated with hazardous substances and pollutants.

Alpha Particle

A type of ionizing radiation consisting of two protons and two neutrons, emitted from the nucleus of an atom during radioactive decay.

Atomic Nucleus

The central core of an atom, containing protons and neutrons and holding most of the atom's mass.