The president of Auto Parts of America testified before Congress, urging them to limit the flow of imported automobile parts into the United States. He contended that these imports were priced lower than foreign producers were charging for them in their own countries. He believes foreign producers are:

Question

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Dumping refers to the practice of exporting goods at a lower price than they are sold in the domestic market. The president is alleging that foreign producers are engaging in this practice, which harms domestic producers.

The President of Auto Parts of America Testified Before Congress