A company that sets prices of its exports low with the intention of harming local manufacturers or producers would most likely be found in violation of ________.
A) quotas
B) exchange rates
C) tariffs
D) antidumping laws
E) antitrust rates

Question

Quizplus · Accepted Answer

Antidumping laws are put in place to prevent companies from selling products at artificially low prices, which can harm local manufacturers or producers. Dumping is essentially a form of unfair competition, so a company that intentionally sets prices low to harm local producers would likely be found in violation of antidumping laws. Quotas, exchange rates, tariffs, and antitrust laws are not specifically related to preventing dumping.

A Company That Sets Prices of Its Exports Low with the Intention