SCENARIO: FAR NORTH CANADIAN LUMBER
Suppose that Far North Canadian Lumber, Ltd., sells lumber in
Canada at a price of $1,000 per 1,000 board feet and exports the
Same lumber to the United States at a price of $600 per 1,000 board
Feet.U.S.Lumber, Inc., produces and sells lumber for $700 per 1,000
Board feet in the United States.
Reference: Ref 910
(Scenario: Far North Canadian Lumber) Is Far North Canadian Lumber
Dumping lumber in the United States?

Question

SCENARIO: FAR NORTH CANADIAN LUMBER
Suppose that Far North Canadian Lumber, Ltd., sells lumber in
Canada at a price of $1,000 per 1,000 board feet and exports the
Same lumber to the United States at a price of $600 per 1,000 board
Feet.U.S.Lumber, Inc., produces and sells lumber for $700 per 1,000
Board feet in the United States.
Reference: Ref 9­10
(Scenario: Far North Canadian Lumber) Is Far North Canadian Lumber
Dumping lumber in the United States?

Quizplus · Accepted Answer

Dumping occurs when a company sells a product in a foreign market at a price lower than in its domestic market. Here, Far North Canadian Lumber sells lumber in Canada for $1,000 and in the U.S. for $600, indicating dumping.