Dumping is:
a. A tax on imports.
b. Selling at less than the total cost of production
c. Selling at less than the variable cost of production
d. None of the above.
e. b and c above.
Question 2
Selling in the export market at less than cost is:
a. A non tariff barrier to trade.
b. Dumping.
c. Tariffication.
d. A countervailing duty.
e. A green box subsidy.