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Tidy Tidy
wrote...
Posts: 4852
9 years ago
It is difficult to determine if foreign companies are selling their products for prices below their costs of production because
A) the true costs of production are difficult to calculate.
B) the firms have no legal obligation to reveal this information.
C) costs are calculated in the firms' local currencies.
D) domestic taxes increase the firms' costs but it is difficult to determine the incidence of these taxes.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 853 times
2 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
SydnieSydnie
wrote...
Top Poster
Posts: 3807
9 years ago
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OLIVER HAHA

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wrote...
9 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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