Question
What does the economic term dumping mean? Multiple Choice A) This happens when a foreign firm buys a 51% controlling interest of another firm that
What does the economic termdumpingmean?
Multiple Choice
A) This happens when a foreign firm buys a 51% controlling interest of another firm that is their competitor. This is also known as an "aggressive takeover."
B) This happens when a country sends over products that are defective. In essence they are trying to get rid of junk products.
C) This happens when a foreign competitor sells a good or service at a ridiculously low price far below the cost of production in order to drive the competition out of business.
D) This is when a high school senior gets rid of their current date so they can take someone else to the senior prom.
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