An alleged example of __________ occurred in 1997,when two Korean manufacturers of semiconductors,LG Semicon and Hyundai Electronics,were accused of selling dynamic random access memory chips in the U.S.market at below their costs of production.

Question

Quizplus · Accepted Answer

The act of selling products in a foreign market at prices below their actual cost of production is known as dumping. In the given example, LG Semicon and Hyundai Electronics were accused of selling chips in the U.S. market at below their costs of production, which makes dumping the best choice for the alleged example.

An Alleged Example of __________ Occurred in 1997,when Two Korean