Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Explore a wealth of knowledge from professionals across various disciplines on our comprehensive Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Which of the following arguments can be used to correctly defend the WTO’s position on retaliatory tariffs? Check all that apply. A countervailing duty protects import-competing producers. Convincing the government to impose antidumping duties is less costly than facing fair competition. Accusing foreign firms of dumping is less costly than producing goods competitively.

Sagot :

anthougo

Answer:

The arguments that can be used to correctly defend the WTO's position on retaliatory tariffs are:

Convincing the government to impose antidumping duties is less costly than facing fair competition.

Accusing foreign firms of dumping is less costly than producing goods competitively.

Explanation:

A government can impose anti-dumping duties on certain imports when it believes that the prices of the imports are below their fair market values.  Truly, some exports have been found to export goods at prices significantly below their domestic market prices.  Dumping shows that the export prices may even be below their production costs.

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.