Suppose a Vietnamese shoe manufacturer were selling shoes to the European Union for $10 a pair,while selling those same shoes for $15 a pair in Vietnam.If the cost per pair of shoes is $12,the European Union:

Question

Quizplus · Accepted Answer

The scenario described suggests that the Vietnamese shoe manufacturer is selling shoes at a lower price in the EU than in Vietnam, which is the primary characteristic of dumping. Therefore, option B is the correct answer. Options A and C are not applicable in this scenario, and option D is irrelevant as the comparative advantage is not discussed.

Suppose a Vietnamese Shoe Manufacturer Were Selling Shoes to the European