Which of the Following Is Not True of Dumping

question 139

Multiple Choice

Which of the following is not true of dumping?

• A)In the country where products are dumped,consumer surplus grows as a result of the dumping.
• B)Dumping involves the selling of a product by foreign producers at a price lower than that in their own countries.
• C)Critics of dumping recommend applying a tariff as a correct antidumping measure.
• D)A major difficulty with dumping by firms in other countries is that it drives up prices for the domestic consumer.
• E)Predatory dumping is often aimed at driving domestic producers out of business.

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Definitions:

Workers

Individuals engaged in some form of employment, contributing labor for the production of goods or services.

Marginal Revenue Product

The additional revenue generated from using one more unit of a factor of production, holding all other factors constant.

Third Worker

The hypothetical or actual addition of a third employee in a production process, often considered in discussions of productivity and efficiency.

NFL Quarterbacks

Key players in American football teams responsible for directing the team's offensive play and often considered leaders on the field.