The late Milton Friedman

The late Milton Friedman often wrote that instead of imposing countervailing duties on subsidized foreign goods, the United States should write a note of thanks to foreign taxpayers. Do you agree? Why or why not? Illustrate with a simple diagram. 9. What are the benefits and costs of U.S. antidumping laws? 10. How likely is dumping to be predatory? Discuss.

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