Dumping is the practice of
A) selling a lower quality product abroad
B) selling a commodity abroad at a price lower than the domestic price
C) selling a commodity abroad at a price higher than the domestic price
D) flooding a foreign market with large quantities of a good
E) most less-developed countries but not industrialized countries
Correct Answer:
Verified
Q127: The establishment of GATT resulted in
A)lower tariff
Q128: A major U.S.motive for negotiating a free-trade
Q129: A major U.S.motive for negotiating a free-trade
Q130: The General Agreement on Tariffs and Trade
Q131: According to some economists, the protection granted
Q133: Which of the following is not a
Q134: Which of the following is not an
Q135: The World Trade Organization (WTO)
A)members are required
Q136: The largest regional trading bloc is the
A)North
Q137: Dumping refers to selling a commodity abroad
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