A Company That Sets Prices of Its Exports Low with the Intention

question 75

Multiple Choice

A company that sets prices of its exports low with the intention of harming local manufacturers or producers would most likely be found in violation of ________.

• A) quotas
• B) exchange rates
• C) tariffs
• D) antidumping laws
• E) antitrust rates

---

Definitions:

Conservation

In cognitive psychology, the concept that children learn that quantity, length, or number remain the same despite changes in appearance or form.

Object Permanence

The understanding in human development that objects continue to exist even when they cannot be seen, heard, or touched.

Egocentric

A term referring to the inability or difficulty in understanding a perspective other than one's own.

Formal-Operations

A stage in Piaget's theory of cognitive development, typically beginning around age 12, where individuals start to use abstract and logical thinking.