Re: Dumping.
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Usually the dumper has a protected home market, and dumps their product to foreign markets. They just undercut as long as they need to, as even while taking a slight loss in the foreign market, the money gained home market > money lost in foreign market.
So in some cases, they can undercut forever.
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So in this case, the people living in the unregulated market gain at the expense of those in the regulated market. Sounds like an argument *for* AC to me.
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