International TradePYQ - Nov 2019 (Inter)Question 164 of 20
All Questions

Anti-dumping duty is imposed when:

Options

AExport price is lower than domestic price
BExport price is higher than domestic price
CImport price is higher
DPrices are equal
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Correct Answer

Option aExport price is lower than domestic price

All Options:

  • AExport price is lower than domestic price
  • BExport price is higher than domestic price
  • CImport price is higher
  • DPrices are equal

About This Chapter: International Trade

Paper

Paper 4: Business Economics

Weightage

10%

Key Topics

Theories, Trade Policy, Exchange Rates

This chapter explores trade between nations — why countries trade, the theories of Absolute and Comparative Advantage, Balance of Payments, Exchange Rate systems (Fixed vs Flexible), and India's trade policy including tariffs, quotas, and WTO rules.

View Official ICAI Syllabus

Exam Strategy Tip

Understand Comparative Advantage theory thoroughly — it's the foundation of international trade. Also focus on the Balance of Payments structure and what causes deficits.

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