Predatory pricing occurs when a company lowers its prices below ...

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Predatory pricing occurs when a company lowers its prices below cost to drive competitors out of business.
  Indicate whether the statement is true or false

Question 2

In response to the petition for relief filed by Harley-Davidson Motor Company:
 A) a ban on imported motorcycles above 700 cubic cent. was implemented.
 B) the commission recommended that declining incremental duties on imported motorcycles be imposed for five years.
 C) Honda agreed to stop the export of its larger motorcycles for five years.
 D) the president threatened severe trade sanctions on Japan if they did not stop their dumping of motorcycles on the American market.

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Answer to Question 1

TRUE

Answer to Question 2

B

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