During the First 6 Months of 2008, the European Union

question 100

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

---

Definitions:

EPS

Earnings per share, a financial metric indicating the profitability of a company on a per-share basis.

Required Return

The minimum return a investor expects or needs from an investment, considering the risk involved.

Plowback Ratio

The Plowback Ratio, also known as the retention ratio, measures the proportion of earnings that are retained by the company rather than paid out as dividends.

P/E Ratio

Price-to-Earnings Ratio, a valuation metric comparing the current share price of a company to its per-share earnings.