In the late? ?1990s,? ?Japan was accused of dumping steel on

Homework Assistance Economics In the late? ?1990s,? ?Japan was accused of dumping steel on

Economics

In the late? ?1990s,? ?Japan was accused of dumping steel on

In the late? ?1990s,? ?Japan was accused of dumping steel on the U.S.? ?market.? ?This means that Ja… Show more In the late? ?1990s,? ?Japan was accused of dumping steel on the U.S.? ?market.? ?This means that Japanese steel producers were suspected of selling their steel in the U.S.? ?at prices below their costs of production,? ?although what? “?costs of production?” ?exactly means is not particularly clear.? ?In any case,? ?some people in the U.S.? ?were unhappy about this,? ?while others clearly benefited.? ?Give examples of people who would be angry about Japanese steel dumping and people who would greatly benefit from this dumping. • Show less

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