ECON-4440 000 ssessments Communication Help t:1:11:54Kishkumar Prajapati: Attemp

Question

ECON-4440 000 ssessments Communication Help t:1:11:54Kishkumar Prajapati: Attempt 1 Save Question 9 (2 points) The major cause of persistent dumping is O1) the need to eliminate competitors in the importing country ·2) price discrimination based on (elasticity of) demand differences across countries. 3) the need to get rid of temporary over production of goods. 4) None of the above Save Question 10 (2 points) To the extent that a local content requirement forces firms to locate production in a high-cost nation, product price rises and consumer surplus falls. True

Explanation / Answer

a) persistent dumping occur because the exporting nation wants to eliminate all the competitors in the importing country, For example, China dumping cheap electronic products in India.

The answer is "A".  

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