Social Dumping Occurs When an Exporting Country

question 14

Multiple Choice

Social dumping occurs when an exporting country

• A) imposes an export tax on domestic businesses that export, to compensate for the opportunity cost to the domestic market.
• B) creates unfair competition based on lower costs because the exporting country provides little social support system to the worker.
• C) targets markets that consist of specific vulnerable groups in the importing country.
• D) exports good that are not sellable in the domestic environment due to hazards and safety issues.

Understand the concept of surplus and shortage in a market and calculate its magnitude.

Grasp the relationship between the prices of complements and substitutes and their demands.

Understand market dynamics in response to changes in income and distinguish between normal and inferior goods.

Predict market outcomes based on technological improvements or changes in production costs.

---

Definitions:

Privacy Salience

The degree to which privacy matters are prominent, noteworthy, or significant in the minds of individuals or in a given context.

Social Privacy

The aspect of an individual's privacy concerning the management and control of personal information shared in social networks and online platforms.

Affinity

A natural liking for or attraction to a person, place, thing, or idea, often because of perceived similarities or shared characteristics.

Altruistic

Motivated by or showing concern for the well-being of others, often characterized by selfless actions or behaviors that benefit someone else.