If a foreign company offers steel in the United States below the company's cost of production,the company might be accused of ________.

Question

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When a foreign company offers steel in the United States below the company's cost of production, it is known as "dumping." This is considered an unfair trade practice as it can harm domestic producers. To prevent this, the US government imposes anti-dumping duties on the imported goods. Protective tariffs, managed trade agreements, and import quotas are other measures that can be used to restrict imports, but they are not directly related to the practice of dumping.

If a Foreign Company Offers Steel in the United States