To maintain that South koreans are dumping their DVDs in the United States is to maintain that ?
Correct answer: A. Koreans are selling DVDs in the U.S below their production cost
- A. Koreans are selling DVDs in the U.S below their production cost
- B. Koreans are selling DVDs is the U.s above their productions cost
- C. The cost of manufacturing DVDs in Korea is lower in Korea than in the U.S since wages are lower in Korea
- D. The cost of manufacturing DVDs in Korea is higher in Korea than in the U.S since wages are higher in Korea
Explanation
Dumping means selling a product in a foreign market at an unfairly low price, commonly defined in basic trade analysis as below its production cost. Lower Korean wages may explain a cost advantage, but that alone does not define dumping.
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