Multiple Choice
Jitensha Bike Parts was called to testify before the U.S. Congress. The CEO of Jitensha defended the company against an accusation that it was dumping parts on the U.S. market. In her testimony, the CEO claimed ________. Using traditional guidelines, Congress determined that Jitensha was not dumping.
A) Jitensha includes 10% overhead costs and an 8% profit margin in the price of all the parts they export to the U.S.
B) Japan runs a trade deficit with the U.S. in bike parts.
C) Jitensha is a staunch supporter of free trade.
D) Jitensha sells more bike parts in Europe than it does in the U.S.
Correct Answer:

Verified
Correct Answer:
Verified
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