Dumping is the sale of a good abroad at a cheaper price than what the good is sold for in the producer's domestic market. generally hurts consumers of the nation receiving the "dumped" goods. is generally encouraged by domestic producers of the product being dumped since they are the primary beneficiaries of the dumping. is the sale of a good that is illegal in the producing country to another country.

The sale of a good abroad at a cheaper price than what the good is sold for in the producer's domestic market.

Explanation:

Dumping is sale of good in foreign markets, at lower price than the domestic market price. It has an injuring effect on their domestic producers & sellers, as they lose their market share to foreign cheaper sellers. This creates monopoly of foreign sellers in imported markets, driving out domestic competitors. Implicatively, it also implies that foreign sellers dictate price & quality of products in imported markets.

Dumping is highly detrimental to imported countries producers & sellers. So, World Trade Organisation has strict rules against it.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

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