PrepTest 68, Section 2, Question 2
"Dumping" is defined as selling a product in another country for less than production cost. Shrimp producers from Country F are selling shrimp in Country G below the cost of producing shrimp in Country G. So Country F's producers are dumping shrimp.
"Dumping" is defined as selling a product in another country for less than production cost. Shrimp producers from Country F are selling shrimp in Country G below the cost of producing shrimp in Country G. So Country F's producers are dumping shrimp.
"Dumping" is defined as selling a product in another country for less than production cost. Shrimp producers from Country F are selling shrimp in Country G below the cost of producing shrimp in Country G. So Country F's producers are dumping shrimp.
"Dumping" is defined as selling a product in another country for less than production cost. Shrimp producers from Country F are selling shrimp in Country G below the cost of producing shrimp in Country G. So Country F's producers are dumping shrimp.
In order to evaluate the argument above, it is necessary to determine whether
"production cost" in the definition of dumping refers to the cost of producing the product in the country where it originates or in the country where it is sold
there is agreement among experts about whether dumping is harmful to the economy of the country in which products are sold for less than production cost
shrimp producers from Country F charge more for shrimp that they sell within their own country than for shrimp that they sell in Country G
shrimp producers from Country F will eventually go out of business if they continue to sell shrimp in Country G for less than production cost
shrimp producers from Country F are selling shrimp in Country G for considerably less than production cost or just slightly less
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