Asked by
Alexandria Balboa
on Oct 11, 2024Verified
The United States is guilty of dumping on the international market because of the
A) superior technology
B) high availability of capital
C) highly educated workforce
D) agricultural subsidies
Dumping
The practice of selling a product in a foreign market at a price below its cost of production or below the price in the home market, often to gain market share or dispose of surplus.
International Market
A broad term encompassing all commercial transactions that occur between countries, including trade, investment, and currency exchange.
Agricultural Subsidies
Financial assistance granted by the government to farmers and agribusinesses to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such commodities.
- Analyze the impact of trade policies on national economies.
Verified Answer
JS
Learning Objectives
- Analyze the impact of trade policies on national economies.