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Suppose Australia Subsidises Domestic Chicken Production and Then Sells Surpluses

Question 100

Multiple Choice

Suppose Australia subsidises domestic chicken production and then sells surpluses on the world market at a price below the cost of production. In foreign countries, the argument that would be made to restrict chicken trade with Australia would be the


A) dumping argument.
B) penalise lax environmental standards argument.
C) national security argument.
D) infant-industry argument.
E) saves jobs argument.

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