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Author Question: Selling a product in a foreign nation at a price less than its cost of production is called A) ... (Read 54 times)

PhilipSeeMore

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Selling a product in a foreign nation at a price less than its cost of production is called
 
  A) infant-industry exploitation.
  B) absolute advantage.
  C) dumping.
  D) net exporting.

Question 2

The European Commission believes that in 2016 exports of goods and services from Spain will be 22 times larger than in 2013. Irish exports are expected to have grown by 15 percent over the same period. If imports remain constant
 
  A) the current account balance in both countries will become more positive.
  B) the current account balance in both countries will become more negative.
  C) there will be no change in the current account balance of both countries.
  D) in both countries the capital and financial account balance will become more positive.



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ndhahbi

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Answer to Question 1

C

Answer to Question 2

A




PhilipSeeMore

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


mcarey591

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Reply 3 on: Yesterday
Excellent

 

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