According to the information provided in the text, a new nontariff barrier that was designed to prevent foreign producers from using predatory pricing is called:
A) quotas.
B) fees.
C) standards.
D) antidumping laws.
E) licenses.

Question

Quizplus · Accepted Answer

Antidumping laws were designed to prevent foreign producers from "predatory pricing," a practice whereby a foreign producer intentionally sells its products in the United States for less than the cost of production to undermine the competition and take control of the market.

According to the Information Provided in the Text, a New