Short Case Scenario 4-1

Essay

Short Case Scenario 4-1
Nokia Corporation, headquartered in Finland, is a world leader in the cell phone industry. Because much of Finland is heavily forested and sparsely populated, it is difficult and expensive to develop a land-based communication network. Nokia created Europe's first digital telephone network in 1982. Today, Nokia has 27 percent of the world market in cell phones, well ahead of their competition.
-The Trade Agreements Act of 1979 forbids "dumping." Because of their low prices,is it possible that Nokia could be accused of "dumping" their phones in the United States? What two conditions must be met to prove "dumping" under this act?