During the First 6 Months of 2008, the European Union

question 128

Multiple Choice

During the first 6 months of 2008, the European Union EU) initiated an anti -dumping case against China for imports of taper candles. What is dumping?

• A) When China sells its candles to the EU at a lower price than other producers
• B) When China tries to sell more candles to the EU than is allowed by the import quota
• C) When China sells its candles to the EU at a lower price than Chinaʹs cost of production
• D) When China does not pay the tariff on the candles