Please don\'t give me wrong or unfinished answers on purpose. Thank you for your

Question

Please don't give me wrong or unfinished answers on purpose. Thank you for your help. I will give you a good review if answered correctly.

Which of these scenario(s) describe circumstances of trade dumping (note that all values below are in United States (US) dollars for ease of comparison and that there are no transportation costs)? You may select multiple answers. An Indian firm produces cars for $7,000 each and sells them in the US for $6,000. A French firm manufactures cheese for $5 per pound. They sell it in France for $7 a pound, but in the US for $5 per pound A Chinese fish farm can produce Tilapia at $1 per pound, while US fish farms produce the fish at $4 per pound. Imports of Chinese Tilapia are sold in the US for $3 per pound, undercutting domestic producers A US firm buys $100,000 shares in a Japanese electronics company and sells them for $80,000 two weeks later Why might a firm engage in dumping? You may choose multiple answers the m teng oundercut foreign competiors in The firm is trying to undercut foreign competitors in order to drive them out of the market in the long term. m The firm is trying to be an equal competitor in another country. The firm is trying to improve relations with a foreign country government. ring to market forces that have driven the price level to below production

Explanation / Answer

Dumping occurs when manufacturers export a product to another country at a price either below the price charged in domestic market or below its cost of production.

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