When a foreign firm sells its exports at a lower price than its cost of production, the firm is
A. imposing an economies of scale cost.
B. dumping.
C. avoiding a tariff.
D. competing in an infant industry.
Answer:B
When a foreign firm sells its exports at a lower price than its cost of production, the firm is
A. imposing an economies of scale cost. B. dumping. C. avoiding a tariff. D. competing in an infant industry.