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International Trade Simulation 4

International Trade Simulation

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Title: International Trade Simulation

Essay Details:

Subject: Miscellaneous

Author:

Date: August 28, 2014

Level: University

Grade: A

Length: 3 / 627

Essay text:

There are three facts that I must prove in order for the product to be sold in the importing country at prices less than the domestic price of the product, the availability of the product at lower prices causes material injury to the domestic, and that there is a casual link between the availability of the product at the lower price. Once I prove these facts, the market value of the dumped product is calculated. Based that I must protect the infant domestic industry is to give it time to attain productive efficiency which was a good decision that I made. But considering that the free trade leads to greater overall welfare for the nations concerned than trade with restrictions, not imposing a tariff would also be a good policy to consider...

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