Dumping Takes Place When Foreign Producers

question 81

Multiple Choice

Dumping takes place when foreign producers

• A) attempt hostile takeovers of domestic firms and usurp the available resources for production.
• B) indiscriminately exploit the natural resources of a foreign country to create a later demand that can be met only by imports.
• C) eliminate competition by subsidizing prices in a foreign market with home market profits and eventually raising prices to earn substantial profits.
• D) capture the niche market rather than the masses.
• E) export only a small quantity of their products into an importing country.

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Definitions:

Deceptive Tactics

Involves the employment of strategies designed to mislead, trick, or manipulate others for a perceived benefit.

Withholding Information

The act of intentionally not sharing relevant or necessary information with others who might benefit from knowing it.

Bluffing

A strategic deception or misrepresentation intended to make others believe something is true when it is not.

Mutual Benefit

A situation or action that is advantageous to all parties involved.