The U.S. Commerce Department imposed additional duties of 31 percent to 250 percent on imported photovoltaic products from Chinese solar manufacturers after ruling that they sold them below cost. The Commerce Department took this action in response to what it saw as
A) tariff avoidance.
B) countertrade.
C) surplus marketing.
D) underbidding.
E) dumping.

Question

Quizplus · Accepted Answer

The U.S. Commerce Department imposed duties because it determined that Chinese manufacturers were engaging in dumping, which involves selling products below cost to gain market share.

The US Commerce Department Imposed Additional Duties of 31 Percent to to 250