A French Firm Sells Its Good at a Lower Price

question 12

Multiple Choice

A French firm sells its good at a lower price in England than in France.It follows that the French firm is necessarily

• A) dumping.
• B) saving domestic jobs.
• C) being subsidized by the French government.
• D) part of an infant industry.
• E) none of the above

---

Definitions:

AGI

Adjusted Gross Income is the gross income of an individual or entity minus specific deductions, used to calculate taxable income on U.S. federal income taxes.

SIMPLE Plan

A retirement savings plan available for small businesses and self-employed individuals, offering a simplified way to save for retirement.

Salary

A fixed regular payment, typically monthly or biweekly, made by an employer to an employee, especially a professional or white-collar worker.

Total Contribution

Total Contribution refers to the sum of all contributions or payments made to a designated entity or account, such as a retirement fund or charitable organization.