In the Case of the Economist's Definition of "Dumping," an Exporting

Multiple Choice

In the case of the economist's definition of "dumping," an exporting firm is selling its product at a __________ price in the importing country than in the exporter's home country, and this suggests that demand for the exporter's product is __________ in the exporting country than in the importing country.

A) higher; more elastic
B) higher; less elastic
C) lower; less elastic
D) lower; more elastic