Complaints are often made to the International Trade Commission concerning forei

Question

Complaints are often made to the International Trade Commission concerning foreign "dumping" practices. These complaints typically claim that

(a) foreign companies are charging exorbitant prices that are higher than the true value of the products.

(b) foreign companies are charging prices that are lower than prices they charge countries other than the U.S.

(c) U.S. consumers are harmed by the lack of quality control or health concerns in foreign countries.

(d) U.S. consumers cannot differentiate between the foreign and domestic goods.

Explanation / Answer

Answer : In international trade commission concerned dumping practice such as complaints is that US firms are harmed by the unfair pricing adopted by the forgien exporters in the market. Dumping is unfair pricing discrimination practice has been adopted by different firm in the market structure.All option are incorrect. In this case complaints are related to unfair pricing policies adopted by forgien exporters.

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