WAEC Economics 2025 Objective — Question 47
Question 47 of 51 from the West African Examinations Council (WAEC) Economics 2025 Objective paper, with the correct answer and a full explanation.
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Dumping of goods is not desirable since it leads to
- A. an increase in the wage bill of the importing country.
- B. unemployment in the importing country.Correct
- C. production of more local goods.
- D. an increase in tax revenues from local industries.
Explanation
Dumping floods the importing country with cheap goods, undermining local industries and causing unemployment there.
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