What Is the Dumping Argument for Protection from International Trade

question 137

Multiple Choice

What is the dumping argument for protection from international trade?

• A) Domestic firms must be protected until they gain a comparative advantage.
• B) Any firm necessary in wartime must be protected.
• C) Foreign producers selling below cost to drive domestic firms bankrupt must be stopped.
• D) Domestic jobs must be protected from competition from low-paid foreign workers.
• E) Foreigners selling products in the economy limit the nation's diversity and stability.

---

Definitions:

Variables Of Interest

Specific items or characteristics that researchers aim to study, measure or manipulate within a study.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter with a specified level of confidence.

Expected Value

The long-run average value of a random variable over many independent trials.

Simple Linear Regression

A method used in statistics to quantify and analyze the linear relationship between two quantitative variables, specifically one predictor and one response variable.