A company of the US has excess products that it does not want to sell into the US market because it will bring down the domestic price and instead sells it at another country at below the cost of production. What is this called?
A. Countervailing.
B. Dumping,
C. International trade
D. None of the above.
Answer:A
A company of the US has excess products that it does not want to sell into the US market because it will bring down the domestic price and instead sells it at another country at below the cost of production. What is this called?
A. Countervailing. B. Dumping, C. International trade D. None of the above.