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SPP24 SPP24
wrote...
Posts: 454
5 years 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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 29 times
1 Reply

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Replies
wrote...
5 years ago

Answer 1

the infant-industry argument.

Answer 2

dumping.
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