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By Tradition, Japanese Employers Cannot "Lay Off" Workers

Question 210

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By tradition, Japanese employers cannot "lay off" workers.As a result they have goods that they cannot sell on the domestic market without driving down prices.To minimize losses, they sell goods such as steel and televisions in foreign markets at prices well below those in Japan.This is called


A) beggar my neighbor.
B) helpfulism.
C) strategic trade policy.
D) dumping.

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