Question 1
________ involves a country selling its exports at a price lower than its cost of production.
◦ Dumping
◦ Having an absolute advantage
◦ Having a comparative advantage
◦ An export quota
Question 2
The Smoot-Hawley tariff set off an international trade war in the
◦ 1930s.
◦ 1950s.
◦ 1970s.
◦ 1990s.