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When a Firm Dumps a Product in Another Country, It

Question 34

Multiple Choice

When a firm dumps a product in another country, it sells it at


A) a lower price in the foreign market, where the demand is more price-inelastic compared to the home market, where it is more elastic.
B) a higher price in the foreign market, where the demand is more price-elastic compared to the home market, where it is less elastic.
C) a lower price in the foreign market, where the demand is more price-elastic compared to the home market, where it is less elastic.
D) a higher price in the foreign market, where the demand is more price-inelastic compared to the home market, where it is more elastic.
E) the same price in the foreign market, where the demand is less price-elastic compared to the home market, where it is more elastic.

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