Which of the Following Is an Example of an Antidumping

question 53

Multiple Choice

Which of the following is an example of an antidumping duty?

• A) A tariff is granted because foreign firms are selling below cost.
• B) A temporary tariff is granted to allow for adjustment of the domestic industry.
• C) A tariff is granted to an industry because foreign firms are subsidized by their governments.
• D) A tariff is granted to an industry because another nation persistently uses unfair trade practices.

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Definitions:

Coal Mining

The process of extracting coal from the ground, an important economic activity in various regions around the world.

Excavating Coal Mines

Excavating Coal Mines involves the extraction of coal from the ground, using various techniques like surface mining and underground mining, to meet energy production needs.

Adjacent Land

Refers to parcels of land or property that share a common border or are in close proximity to each other.

Resale Price Maintenance

A practice whereby manufacturers and distributors agree on the minimum prices at which retailers can sell their products.