Nikkei Auto Parts testified before Congress defending the company against an accusation that it was dumping auto parts on the U.S.market.In her testimony,the president claimed _________________.Using traditional guidelines,Congress determined that Nikkei was not dumping.

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The president of Nikkei Auto Parts claimed that they included 10% overhead costs and an 8 percent profit margin in the price of all the parts they export to the U.S. This suggests that they are not engaging in dumping, which is the practice of selling goods in a foreign market at a price lower than their cost of production. Congress determined that Nikkei was not dumping based on traditional guidelines.

Nikkei Auto Parts Testified Before Congress Defending the Company Against