The U.S.catfish industry petitioned the U.S.government for increased taxes on imported Vietnamese fish, claiming that the fish were being sold below the cost of production.The U.S.catfish industry was accusing the Vietnamese fish industry of ________.

Question

Quizplus · Accepted Answer

The act of selling products below the cost of production in a foreign market is known as "dumping." The U.S. catfish industry accused the Vietnamese fish industry of dumping their fish in the U.S. market, which is why they petitioned for increased taxes on the imported fish. Therefore, the correct answer is A) dumping.

The USCatfish Industry Petitioned the U