Which of the following statements regarding dumping goods in the markets of foreign rivals is false? Copyright by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting sexpressly prohibited and constitutes copyright violation. O Dumping can be an appealing offensive strategy when dumping drives down the price so far in the targeted country that local rivals are quickly put in dire financial straits (provided the dumping company has deep enough financial pockets to absorb whatever losses, it incurs at the subpar prices). A company that sells its goods in certain countries at below-market prices is said to be using cross-market subsidization to attack the rival's profit sanctuary. O Dumping can be an appealing offensive strategy when a company with unused production capacity discovers it is cheaper to keep producing (as long as the selling prices cover average variable costs per unit) than to incur the costs associated with idle plant capacity. Companies that engage in dumping usually keep their selling prices high enough to cover variable costs per unit, thereby limiting their losses on each unit to some percentage of fixed costs per unit. O Dumping strategies run a high risk of host government retaliation on behalf of the adversely affected domestic companies Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Version 64304*** Copyright 2022 by Glo-Bus Software, Inc