When a tariff supporter argues that foreign producers are selling their products for prices below the cost of production,which of the following is being used?

Question

Quizplus · Accepted Answer

The dumping argument is used when a foreign producer is selling their products in another country for prices below the cost of production. This is seen as unfair competition and can harm domestic producers, which is why supporters of tariffs often use this argument as a justification for protectionism.

When a Tariff Supporter Argues That Foreign Producers Are Selling