Which of the following methods is most likely to counter for the negative effects of dumping?

Question

Quizplus · Accepted Answer

Imposing protective tariffs can counter the negative effects of dumping as it imposes a tax on imported goods and makes them more expensive, making domestic products more competitive. This helps in preventing dumping and protects domestic industries from unfair competition. Controlling access to foreign currencies or appealing to the BIS might not be effective in countering dumping. Imposing excise duty is a tax on specific goods produced within a country and is not directly related to imported goods.

Which of the Following Methods Is Most Likely to Counter