_____________ laws are designed to help domestic industries that are injured by competition from abroad due to imported products being sold at low prices.
A)Voluntary restraint
B)Antidumping
C)Punitive
D)Bound tariff
E)Mixed aid

Question

Quizplus · Accepted Answer

Antidumping laws are designed to protect domestic industries from foreign goods that are priced lower than their fair value or lower than what they are sold for in their own country. This unfair pricing allows foreign companies to capture a larger market share and can cause injury to domestic industries. Antidumping laws allow for the imposition of additional tariffs or fees on these lower-priced goods to level the playing field for domestic industries.

_____________ Laws Are Designed to Help Domestic Industries That Are