When a Firms "Dumps" Some of Its Output in Another

question 12

Multiple Choice

When a firms "dumps" some of its output in another country,it

• A)creates an environmental hazard in the receiving country.
• B)sells its output abroad at a price lower than it costs to produce the output.
• C)increases the total level of employment in the importing country.
• D)is specializing according to comparative advantage.
• E)creates for itself an absolute advantage.

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Definitions:

Trade Show

An event where businesses in a specific industry showcase and demonstrate their new products and services to potential customers.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, typically categorized into four Ps: Product, Price, Place, and Promotion.

Technology Use

The use of scientific understanding in practical applications, particularly within industry and daily activities.

Sales

The exchange of a commodity or service for money; the action of selling something.