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  3. Study Set
    Understanding Modern Economics
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    Exam 16: Trading With Other Nations  
  5. Question
    What Term Is Applied to the Situation in Which a Good
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What Term Is Applied to the Situation in Which a Good

Question 75

Question 75

Multiple Choice

What term is applied to the situation in which a good is sold overseas at a price below its cost of production?


A) Tariff pricing
B) Dumping
C) Comparative advantage
D) Fair trade status

Correct Answer:

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