Suppose the United States subsidizes domestic chicken production and then sells surpluses on the world market at a price below the cost of production.In foreign countries,the argument that would made to restrict chicken trade with the United States would be the

Question

Quizplus · Accepted Answer

The scenario describes the act of selling surpluses on the world market at a price below the cost of production, which is commonly known as dumping. Therefore, the argument to restrict chicken trade with the United States would be the dumping argument.

Suppose the United States Subsidizes Domestic Chicken Production and Then