Dumping - reason for protection, Managerial Economics


If goods are sold on a foreign market below their cost of production this is referred to as dumping.  This may be undertaken either by a foreign monopolist, using high profits at home to subsidize exports for political or strategic reasons.  Countries in which such products are "dumped" feel justified in protecting themselves.  This is because dumping could result in the elimination of the home industry, and the country then becomes dependent on foreign goods which are not as cheap as they had appeared.

Posted Date: 11/30/2012 4:58:25 AM | Location : United States

Related Discussions:- Dumping - reason for protection, Assignment Help, Ask Question on Dumping - reason for protection, Get Answer, Expert's Help, Dumping - reason for protection Discussions

Write discussion on Dumping - reason for protection
Your posts are moderated
Related Questions
MONOPOLISTIC PRACTICES The following practices may be said to characterize monopolies. Exclusive dealing to supply and collective boycott Producers agree to supply onl


The Microeconomic objectives of government These are the policies which are concerned with the allocation and distribution of resources to maximize social welfare. 1. Allo

a critique of the relevance of managerial economics

CENTRAL BANK A modern central bank performs so many functions of different nature that it is difficult to give any brief yet accurate definition of a central bank. Any definiti

Factors affecting the long run trend of the Terms of Trade for developing countries Most Third World countries have been faced by a fall in their terms of trade over the long

A firm's technology needsit to combine 5 person-hours of labor with 3 machine-hours to make 1 unit of output. The firm has 15 machines in place and the wage rate rises from $10 per

PRICE ELASTICITY OF SUPPLY AND THE SLOPE OF THE SLOPE CURVE For a straight line supply curve, the gradient is constant along the whole length of the curve, but elasticity