The form of international price discriminations (dumping) normally associated with economic recession or excess inventories in the exporting nation is known as ?

Related Mcqs:

1. According to the cost-based definition of dumping, dumping occurs when a firm sells a product abroad at a price that is less than ?

   A. average total cost B. average variable cost C. average fixed cost D. marginal cost...

2. Suppose that Russia steel firms engage in dumping in the German market in terms of overall economic welfare, German welfare would _______ as the result of the dumping?

   A. increase B. decrease C. not change D. None of These...

3. Assume that global recession causes the quantity of tin demanded to decrease by 4 million pounds at each price To maintain the price of tin at the target price you would ?

   A. sell 4 million pounds of tin B. sell 8 million pounds of tin C. buy 4 million pounds of tin D. buy 8 million pounds of tin...

4. Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium economic theory suggests that the nation’s balance of payments would move into a surplus position if there occurred in the nation a (an) ?

   A. increase in the money demand B. decrease in the money demand C. increase in the money demand D. None of the above...

5. Rapid increase in the price level during periods of recession of high unemployment are known as ?

   A. slump B. inflation C. stagflation D. stagnation...

6. The form of dumping that represents the greatest potential net welfare loss the for importing national is ?

   A. predatory dumping B. sporadic dumping C. persistent dumping D. yearend dumping...

7. Suppose that the world price of tin is above the target (ceiling) price that is defined by an international commodity agreement. To move the world price toward the target price, a buffer stock agreement would require its buffer stock manager to ____ tin and an export quota agreement would require that member countries _________ their export of tin?

   A. purchase; decrease B. purchase; increase C. sell; increase D. sell; decrease...

8. international dumping may involve ?

   A. selling goods to foreigners at a price below that charged domestic consumers B. selling goods to foreigners at a price below the cost of production C. antidumping duties being levied on the imported, dumped goods D. All of the above...

9. What is called the sequence of economic activity which is typically characterized by recession, fiscal recovery, growth and fiscal decline ?

   A. Economic Cycle B. Business Cycle C. Complete Cycle D. Cycle Business...

10. Instead, assume that global economic expansion causes the quantity of tin demanded to increase by 4 million pounds at each price To maintain price of tin at the target price you would ?

    A. sell 4 million pounds of tin B. sell 8 million pounds of tin C. buy 4 million pounds of tin D. buy 8 million pounds of tin...