The fear expressed by domestic producers regarding dumping is that: a) it violates international environmental protection...
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The fear expressed by domestic producers regarding dumping is that: a) it violates international environmental protection regulations. b) the low prices of imports will drive them out of business, eventually leaving the foreign competition free to raise prices. (c) it can lead to a trade war, which would force many foreign and domestic businesses into bankruptcy. d) by lowering the prices of imports, it reduces the revenues government can raise when imposing tariffs. The fear expressed by domestic producers regarding dumping is that: a) it violates international environmental protection regulations. b) the low prices of imports will drive them out of business, eventually leaving the foreign competition free to raise prices. (c) it can lead to a trade war, which would force many foreign and domestic businesses into bankruptcy. d) by lowering the prices of imports, it reduces the revenues government can raise when imposing tariffs.
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Correct answer B the low prices of imports will dri... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
Posted Date:
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