Question

If the United States is a net importer of a product that is being subsidized or dumped by Japan, not only do U.S. consumers gain, but they also gain more than U.S. producers lose from the Japanese subsidies or dumping. Explain why this is true.

Answer 1

Answer:

False

Explanation:

Dumping takes place when a country is manufacturing, or selling goods in a foreign country at a price less than either The domestic price or cost of product manufacturing.In the importing country, customers take advantage of the low price levels of the item being dumped. That's going to save money. A nation subsidizes the producing enterprise so they sell less costs. In order to boost its comparable upper hand in this sector, the country is ready to lose the product. It can do this since to create work opportunities for its inhabitants. Dumping is often used as an assault on the sector of the other nation. It wishes to get the manufacturers of that nation off the ground and control this sector.