« previous next »

Author Question: When Roxanne, a U.S. citizen, purchases a designer dress from Barneys of New York that was made in ... (Read 95 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
When Roxanne, a U.S. citizen, purchases a designer dress from Barneys of New York that was made in Milan, the purchase is
 
  A) a U.S. import and an Italian export.
  B) both a U.S. and an Italian import.
  C) a U.S. export and an Italian import.
  D) neither an export nor an import for either the United States or Italy.

Question 2

Why is it difficult for one country to determine if another country is guilty of the practice of dumping?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


gstein359

  • Sr. Member
  • ****
  • Posts: 293
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

Dumping is when a firm or industry sells products on the world market at prices below the cost of production. Since it is difficult to know precisely what the costs of production are for foreign firms this can only be done by making assumptions which rely on data known for the home industry.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Walrus Ivory masks made by Yupik in Alaska Walrus Ivory masks made by Yupik in Alaska
Emanuel Leutze’s Washington Crossing the Delaware (1851) is riddled with historical inaccuracies, mo Emanuel Leutze’s Washington Crossing the Delaware (1851) is riddled with historical inaccuracies, mo
Structure of a Sterol Rather than being made from fatty acids Structure of a Sterol Rather than being made from fatty acids
Foods made with fat substitutes aren’t calorie free Foods made with fat substitutes aren’t calorie free
Medical Valves Made For Cheap Medical Valves Made For Cheap
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Video: Effect of blood chemistry - stimuli, hyperventilation response and hypoventilation response

For a complete list of videos, visit our video library