A-C

3. (8 points) Dumping Margin The following table lists the price, quantity and value of a Korean manufactured product in the U.S. market and the Korean home market over the twelve months in 2010. A. (2 points) compute the weighted average price of this product in the U.S. market. B. (2 points) compute the weighted average price of this product in the Korean home market. c. (4 points) Was the Korean manufacturer guilty of dumping in the U.S. market? If not, justify your answer. If yes, compute the dumping margin. - H H U.S. market Korean home market Month Price list ($) Quantity Value ($) Quantity Value (S) 10 5 10 10 5 10 5 10 5 10 10 5 10 5 10 10 20 10 20 2 5 10 10 20 2 5 10 10 20 1 10 10 10 10 10 11 1 10 10 10 10 12 1 10 10 10 10 N 10