keannu
VIP Member
- Joined
- Dec 27, 2010
- Member Type
- Student or Learner
- Native Language
- Korean
- Home Country
- South Korea
- Current Location
- South Korea
1. Does this "foreign governments" mean exporters' government or importers' government?
2. I'm sorry I may lack of economic knowledge, but free trade seems to encourage dumping or something, but this seems to saying "dumping" is against free trade, what's the truth?
3. What does this "charges" mean? The translation goes "judgement", but I think it's "fees", I'm not sure.
ex)The practice of selling a product in a foreign market at a price lower than it commands in the producer's domestic market is called dumping. Critics of free trade often argue that foreign governments give substantial support to their own exporting companies. Government support may permit these firms to extend their export markets by offering lower prices abroad. In retaliation for this interference with free trade, the United States adds import tariffs to products that foreign firms dumpo on U.S market to bring their prices in line with those of domestically produced products. However, businesses often claim that charges of dumpings must undergo a lengthy investigative and bureaucratic procedure before the government assesses import duties....
2. I'm sorry I may lack of economic knowledge, but free trade seems to encourage dumping or something, but this seems to saying "dumping" is against free trade, what's the truth?
3. What does this "charges" mean? The translation goes "judgement", but I think it's "fees", I'm not sure.
ex)The practice of selling a product in a foreign market at a price lower than it commands in the producer's domestic market is called dumping. Critics of free trade often argue that foreign governments give substantial support to their own exporting companies. Government support may permit these firms to extend their export markets by offering lower prices abroad. In retaliation for this interference with free trade, the United States adds import tariffs to products that foreign firms dumpo on U.S market to bring their prices in line with those of domestically produced products. However, businesses often claim that charges of dumpings must undergo a lengthy investigative and bureaucratic procedure before the government assesses import duties....