When taxes are placed on another exporting state's alleged selling of a product at a price below the cost to produce it, this is called _____.
A) strategic trade policy
B) voluntary export restrictions
C) orderly market arrangements
D) antidumping duties

Question

Quizplus · Accepted Answer

This scenario describes the imposition of antidumping duties, which are taxes imposed on imports of a product that is sold at a price lower than its fair market value or cost of production. These duties are applied to protect domestic industries from unfair foreign competition.

When Taxes Are Placed on Another Exporting State's Alleged Selling