Which of the following statements about dumping is true?
A)Consumers and import-competing producers in the importing country are both hurt by dumping.
B)Logically, an import country should never allow seasonal and introductory-price dumping.
C)Dumping helps to improve the importing country's terms of trade.
D)Predatory dumping occurs quite frequently in modern markets.

Question

Quizplus · Accepted Answer

Dumping can improve the importing country's terms of trade by allowing it to purchase goods at lower prices than would otherwise be the case, benefiting consumers and potentially the broader economy through lower input costs for businesses.

Which of the Following Statements About Dumping Is True