Question

Antidumping actions seem to be concentrated in certain sectors of the economy such as basic metal industries (e.g., aluminum and steel), chemicals, plastics, and machinery and electrical equipment. True or False True False

Answer 1

Answer:

True

Explanation:

• Anti-dumping duty is the duty imposed protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.
• Dumping is a kind of injuring pricing, especially in the context of international trade.
• The activity of antidumping is concentrated in only in sectors of the economy and this includes basic industries.