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3241004551 [841]
3 years ago
6

A country exports $75 million worth of steel to the United States and sells it for $60 million in order to establish a new marke

t in the United States. This is
an example of
Business
2 answers:
anzhelika [568]3 years ago
8 0

What is better government?

..........   um.. i rdk

Nesterboy [21]3 years ago
5 0

Given the facts that a country exports steel worth $75 million to the United States at a sales price of $60 million is a clear example of <em>dumping</em><em>.</em>

Dumping as used in international trade is a practice whereby country exports a product at a lower price than the price in the exporter's domestic market.

Dumping is practiced in international trade for the following purposes:

  • gaining international market share.
  • driving out competition.
  • creating a monopoly situation.
  • enabling the exporting nation to dictate price and quality of the product.

Thus, dumping is condemned in international trade and relations, and usually attract counter-measures.

Read more about dumping of goods in international trade at brainly.com/question/20113907

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Answer:

The correct answer is C: likely that a court will allow the rescission based on a mistake of fact.

Explanation:

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Answer:

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Alisiya [41]
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kherson [118]

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An offer is made to buy an asset which is usually between a willing , knowledgeable buyer and a seller at an armslenght transaction.

8 0
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Answer

The answer and procedures of the exercise are attached in the following images.  

Explanation  

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