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Begin your post with the question you are answering and then make your response.
7.2 - Discussion: Module 7 Questions
- What is "dumping" and discuss why it is considered a controversial issue? Cite a recent example.
7.3 - Assignment: Review Questions
Chapter 14:
- You have been placed in charge of designing packaging to ship 4,000 textbooks titled International Logistic from Memphis, TN to Soul, Korea. You have learned that the shipment is intermodal in that it involves air, sea, rail and truck. List some of the risks that need to be considered when designing the shipment.
- Using the internet or any other resource, research and briefly describe an innovative packing device or method.
Chapter 16:
- The Harmonized System of classification (HSC) is accompanied by a series of six General Rules of Interpretation. Match the following scenarios with the appropriate rules and provide a reason for your selection:
• A trombone case
• An importer bringing in "wine gift sets" (that include the bottle of wine and glasses)
• An tractor without its wheels
• A new product - Foreign Trade Zones have spawned numerous management companies (such as The Rockefeller Group). Using the internet or any other resource, research a particular FTZ management company and write a brief description on the services it provides.
Please include question when answering and include in-text citation &reference textbook
- Supply Chain ManagementAuthor: Sunil ChopraISBN: 978013380057
Explanation & Answer
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Module 7 Questions
What is "dumping" and discuss why it is considered a controversial issue? Cite a recent
example.
Dumping is a common term used in international trade. It refers to business situations
where a country or company exports products at a lower price in the foreign importing markets
than in the domestic market of the exporter (Mavroidis, 2016). Dumping is considered
intentional because the exporting companies and countries seek to gain a competitive advantage
in the foreign market.
Dumping is a very controversial issue in international business because it is considered to
be a form of price discrimination. Typically, it involves exportation of substantial volumes of
product which affects the financial viability of the product producers in the importing market.
More controversies arise because dumping is considered both advantageous and
disadvantageous. For instance, dumping has the ability to permeate the market with unfair
product prices. The exporting country or company may need to offer producers subsidy to cover
the losses incurred when the goods are sold below the cost of manufacturing.
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On the other hand, the disadvantage of dumping is that over some time, subsidies tend to
bec...
Review
Review
