« previous next »

Author Question: What is meant by predatory dumping? How likely is it for this to occur in the United States? ... (Read 28 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
on: Jun 30, 2018
What is meant by predatory dumping? How likely is it for this to occur in the United States? Discuss.
 
  What will be an ideal response?

Question 2

An austerity policy is
 
  A) an increase in the money supply.
  B) an expenditure reduction and expenditure switching policy.
  C) an expansionary fiscal policy accompanied by decreases in taxes, increases in expenditures, or both.
  D) an exchange rate switching policy from a fixed to a flexible exchange rate system.
  E) None of the above.


jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

Predatory dumping refers to a situation where a foreign firm charges a price that is so low it is able to capture the local market. Once obtained, the foreign firm then acts like a monopolist. Predatory dumping is extremely unlikely in the United States. When the foreign firm raises its price, nothing prevents new (possibly local) firms from entering the market. Moreover, the U.S. market is so large, it is doubtful that any foreign monopolist could satisfy U.S. demand.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
Ethnic Variations in Prenatal Care within the United States Ethnic Variations in Prenatal Care within the United States
How Safe Is Your State? Violent Crime in the United States How Safe Is Your State? Violent Crime in the United States
An example of the sometimes drastic differences in placarding regulations in the United States ... An example of the sometimes drastic differences in placarding regulations in the United States ...
Summary view of the light reactions as they occur in the thylakoid Summary view of the light reactions as they occur in the thylakoid
Nutrias native to South America are abundant in freshwater marshes of the Gulf States. Their populat Nutrias native to South America are abundant in freshwater marshes of the Gulf States. Their populat
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library