Under U.S. dumping rules, China is classified as a nonmarket economy so other market economies are used

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Under U.S. dumping rules, China is classified as a nonmarket economy so other market economies are used to calculate prices for dumping. Until recently, China was compared to India, but now it is compared to Thailand. Using Thailand rather than India as a comparison country was one of the key reasons that China was found to be dumping solar panels. Why does the choice of country matter?
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Macroeconomics Principles Applications and Tools

ISBN: 978-0134420684

9th edition

Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez

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