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wrote...
Posts: 149
3 months ago

Question 1.

Protection of new products from global competition is known as

• dumping.

• protection of domestic jobs.

• a quota.

• the infant-industry argument.

Question 2.

The selling of a good or service abroad at a price below production costs is

• price discrimination.

• marginal cost selling.

• dumping.

• price differentiation.
Source  Download
Economics Today: The Micro View
Edition: 19th
Author:
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1 Reply
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Replies
wrote...
3 months ago

Answer 1

the infant-industry argument.

Answer 2

dumping.
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