What is a major counterpoint to the argument that dumping will run out all foreign rivals?
a. MNEs and local firms are more focused on mutual forbearance than intense competition.
b. Governments have strict and highly enforced rules protecting local firms from dumping practices.
c. It is too difficult to eliminate all rivals and recoup losses by charging higher monopoly prices.
d. There is no counter argument and dumping by MNEs is a strong fear of local firms.