Dumping of Goods Abroad

question 3

Multiple Choice

Dumping of goods abroad

• A) constitutes a general case for permanent tariffs.
• B) is simply comparative advantage at work.
• C) may be part of a nation's strategy to rectify its trade deficit.
• D) drives up prices of the dumped goods.

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Definitions:

Compromiser

An individual who mediates disputes by making concessions, aiming for a middle ground solution.

Arriving

The act of coming to a place or achieving a goal.

Neutral

Being impartial or not supporting any side in a conflict, competition, or disagreement.

Lose-Lose Strategy

A conflict resolution outcome where all parties involved suffer losses or do not achieve their objectives.