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Dumping: (A) Is illegal by global agreement (B) Is when a good/service is sold a

ID: 1126814 • Letter: D

Question

Dumping: (A) Is illegal by global agreement (B) Is when a good/service is sold at a price lower than the cost (C) Is sometimes contentious because disputes over the definition of the specifications of the product (D) Is sometimes contentious because the disputes over assessment of costs (E) All of the above (F) A and B Dumping: (A) Is illegal by global agreement (B) Is when a good/service is sold at a price lower than the cost (C) Is sometimes contentious because disputes over the definition of the specifications of the product (D) Is sometimes contentious because the disputes over assessment of costs (E) All of the above (F) A and B Dumping: (A) Is illegal by global agreement (B) Is when a good/service is sold at a price lower than the cost (C) Is sometimes contentious because disputes over the definition of the specifications of the product (D) Is sometimes contentious because the disputes over assessment of costs (E) All of the above (F) A and B

Explanation / Answer

Answer:
E.All the above


In general, dumping is about the launching the products that are price at lower than the cost or priced at lower than the price in the home nation. It creates concerns over the cost calculation of the product by the manufacturing firm. Hence, it attracts the controversy in the market. It also leads to the doubtful specifications of the product.

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