Suppose that British Steel, Ltd., sells steel in Britain at $600 per ton
And the same steel in the United States at $450 per ton.The price of
Equivalent steel produced in the United States is $550 per ton.How
Large an antidumping tariff (in percentage) will be applied on imports
From British Steel if it is found that it dumped steel on the U.S.
Market?
A) 9.11%
B) 22.22%
C) 25%
D) 33.33%
Correct Answer:
Verified
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