Economics · International Trade
Choose the correct statements related to dumping in international trade: 1. Dumping is the practice of charging a higher price for exported goods than for goods sold domestically. 2. Dumping is an example of international price discrimination. 3. Price discrimination and dumping can occur only if imperfect competition exists.
- 11, 2 and 3
- 22 and 3 only✓
- 31 and 3 only
- 41 and 2 only
Correct answer
2 and 3 only
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