Which Criterion Must Be Met to Identify If an Imported

question 177

Multiple Choice

Which criterion must be met to identify if an imported product is being
Dumped on the home country?
I.The foreign firm sells the product at a lower price in the home
Market.
II.The foreign firm sells the product below average cost in the home
Market.
III.The foreign firm raises the price in the home country.

• A)I
• B)II
• C)I or II
• D)I, II, and III

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Definitions:

Lose

To be deprived of something one once had or to fail to win in a competition or conflict.

Breakeven

The point at which total cost and total revenue are equal, meaning no net loss or gain is incurred by the business.

Cost to Play

The initial investment or expense required to enter a market, participate in a game, or start a new venture.

Gain

An increase in a resource or asset, often measured in financial terms, resulting from investment or business operations.