Price discrimination is indistinguishable from dumping

Related BrainMass Solutions

• Knowledge about Ethical issues

  A number of examples can be seen in the context of price discrimination. One common form of price discrimination that is being used in international business is dumping.

• International Business Ethics: Product Price Discrimination

  Dumping is illegal and unethical price discrimination. Dumping of goods, a mass selling of a product for a price that is below the standard price is considered illegal in many countries. China has been accused of dumping many times.

• Price Discrimination: Business

  In the US, price discrimination that harms competition is prohibited under the Robinson-Patman Act. In other countries, judgments of illegality result from precedent or fairness rulings.

• trade restriction

  The least harmful will be anti dumping duty as it is solely aimed at preventing price discrimination.

• major non-tariff trade barriers

  The Organization of Petroleum-Exporting Countries (OPEC) is a cartel which includes most of the oil-producing countries. 9.4 Price Discrimination and Dumping Dumping occurs when a commodity is sold to a foreign buyer at a price lower than the price

• WTO and Dumping Cheap Goods

  Another study specifies that a product is said to be dumped (less than its normal value) if the price of the product exported from one country to another is less than the comparable price, in the ordinary course of trade, for the like product when destined

• Anti-Dumping Laws

  Foreign exporters can be considered as dumping their products if the selling price is lower than the selling price in their domestic market, or the selling price is cheaper than the selling price in other countries, or they are selling below their cost

• Evolution of United States Anti-Dumping Laws

  Anti-dumping Act of 1921 The Anti-dumping Act of 1921 contains all the elements of what we now recognize as anti-dumping: that duties may be imposed if the exporter's sales price is less than the foreign market value, that foreign costs of production

• Price Taking Firms Concept

  b) Products are indistinguishable by consumers. Now we answer the questions, Is it that all firms produce a good that is similar that it makes little difference where or from whom the consumer purchases these goods?