Under U.S.law,antidumping duties can be imposed where:
I.It is determined that a class of foreign merchandise is being,or likely to be,sold in the U.S.at less than fair value,and a domestic industry is injured as a result.
II.A domestic industry needs protection to update its technology to compete with the dumped product.
A) I only.
B) II only.
C) Both I and II.
D) Neither I nor II.

Question

Quizplus · Accepted Answer

According to U.S. law, antidumping duties can be imposed only when it is determined that a class of foreign merchandise is being or likely to be sold in the U.S. at less than fair value, causing injury to a domestic industry. The second statement about the need for protection to update technology is incorrect and not a valid reason for imposing antidumping duties.

Under U.S.law,antidumping Duties Can Be Imposed Where