Under U.S.law,foreign ________ is (are)illegal in U.S.markets.

Question

Quizplus · Accepted Answer

Under U.S. law, both dumping and export subsidies are illegal in U.S. markets. Dumping refers to the practice of exporting goods to the U.S. at a price lower than the price charged in the home market or at a price lower than the cost of production. Export subsidies are financial incentives provided by a government to its exporters, which allow them to sell goods in foreign markets at lower prices. Both of these practices are considered unfair trade practices and are therefore prohibited under U.S. law.

Under U.S.law,foreign ________ Is (Are)illegal in U.S.markets