A. below what is sold at the home market
B. above what is sold at the home market.
C. equal to what is sold at the home market
D. equal to the cost of producing the goods
Correct Answer:
Option A = below what is sold at the home market
Explanation
In international trade, dumping simply refers to a situation where a product is sold at a cheaper price to a foreign country (importing country), than in the domestic market that produced it (exporting country).
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
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200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
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200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…