If a manufacturer in China offers a product in the U.S. market at a lower price than in China, this may be a violation of a(n):
A) Price-fixing law.
B) Price discrimination law.
C) Truth-in-advertising law.
D) Antidumping law.
E) Monopoly law.

Question

Quizplus · Accepted Answer

If a Chinese manufacturer offers a product in the U.S. market at a lower price than in China, this could be an example of "dumping" which refers to the practice of selling goods in another country at a price lower than what is charged domestically. Antidumping laws are in place in the U.S. to prevent this practice, as it can harm domestic businesses and industries.

If a Manufacturer in China Offers a Product in the U.S