Dumping refers to selling a commodity abroad at a price that is below its cost of production or ...

Dumping refers to selling a commodity abroad at a price that is below its cost of production or below the price charged in the domestic market.
 a. True
  b. False

QUESTION 2

Featherbedding refers to union efforts to force employers to hire more workers than demanded at a particular wage.
 a. True
  b. False

QUESTION 3

Which of the following is not a type of trade restriction?
 a. low-interest loans to foreign buyers
  b. export subsidies for domestic firms
  c. domestic content requirements
  d. restrictive health and safety standards
  e. economies of scale

QUESTION 4

All but which of the following is a way for unions to increase the demand for their union labor.
 a. increase the demand for union-made goods
  b. improve the working conditions for their labor
  c. restrict the supply of nonunion-made goods
  d. increase the productivity of union labor
  e. featherbedding

QUESTION 5

Which of the following is not a type of trade restriction?
 a. low-interest loans to foreign buyers
  b. export subsidies to domestic producers
  c. restrictive health and safety standards
  d. domestic content requirements
  e. economies of scale