Principles of Microeconomics / Unit 16 MIC 1519 short lesson, about 20 seconds
Anti-Dumping
Captions available
The idea
Dumping is selling abroad below production cost or below the home price, the two tests; anti-dumping duties raise the price. Price can fall below cost innocently or predatorily; measuring cost is more art than science.
In practice
Selling below total cost while covering variable cost is unit seven's rule, not dumping.
Where people slip
The anchor reports no documented later price rise; anti-dumping can mask a tariff.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
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