The European Union Applied Temporary Antidumping and Countervailing Duties on Chinese

question 99

Multiple Choice

The European Union applied temporary antidumping and countervailing duties on Chinese solar cells in 2013. These duties were extended in 2015 because the European Commission determined that:

• A) Chinese manufacturers were shipping their solar cells through Taiwan and Malaysia to avoid the duties.
• B) Chinese manufacturers had not increased prices of their solar cells sold in China.
• C) Chinese manufacturers had not increased prices of their solar cells sold in Europe.
• D) Chinese manufacturers had not paid the antidumping and countervailing duties on their exports to Europe.

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Definitions:

Principals

Refers to the original sum of money borrowed in a loan, or put into an investment.

Gross Cost

Gross cost refers to the total cost of a product or service before any deductions, such as discounts or rebates, are applied.

Commission

A fee paid to an agent or employee for conducting a transaction or service, usually a percentage of the sale price.

Principals

The main parties involved in a financial transaction or agreement, often referring to the owners or significant stakeholders.