If the Korean Steel Industry Subsidizes the Steel That It

Multiple Choice

If the Korean steel industry subsidizes the steel that it sells to the United States, the

A) United States should protect its domestic steel industry from this unfair competition.
B) harm done to U.S.steel producers from this unfair competition exceeds the gain to U.S.consumers of cheap Korean steel.
C) harm done to U.S.steel producers is less than the benefit that accrues to U.S.consumers of steel.
D) United States should subsidize the products it sells to Korea.