O-LevelEconomicsInternational trade and globalisation2281/11 · Oct/Nov 2010 · Q381 Mark
One argument for protectionism is to prevent dumping. What is meant by dumping?
Acountries paying low wages to their workers to gain price advantage
Bcountries providing poor working conditions for their employees to keep costs low
Ccountries selling products abroad at less than the cost of production
Dcountries selling products abroad that do not meet health and safety standards
✓ Correct answer
C: countries selling products abroad at less than the cost of production
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