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Q.2 Passage: (10M)Read the following comprehension and answer the questions that follow:-Many United States companies have, unfortunately, made the search for legalprotection from import competition into a major line of work. Since 1980 the UnitedStates International Trade Commission (ITC) has received about 280 complaintsalleging damage from imports that benefit foreign governments’ subsidies. Another340 charge that foreign companies “dumped” their products in the United States at“less than fair value.” Even when no unfair practices are alleged, the simple claimthat an industry has been injured by imports is sufficient grounds to seek relief.Contrary to the general impression, this quest for import relief has hurt morecompanies than it has helped. As corporations begin to function globally, theydevelop an intricate web of marketing, production, and research relationships, Thecomplexity of these relationships makes it unlikely that a system of import relief lawswill meet the strategic needs of all the units under the same parent company.Internationalization increases the danger that foreign companies will use importrelief laws against the very companies the laws were designed to protect. Supposea United States-owned company establishes an overseas plant to manufacture aproduct while its competitor makes the same product in the United States. If thecompetitor can prove injury from the imports—and that the United States companyreceived a subsidy from a foreign government to build its plant abroad—the UnitedStates company’s products will be uncompetitive in the United States, since theywould be subject to duties.Perhaps the most brazen case occurred when the ITC investigated allegations thatCanadian companies were injuring the United States salt industry by dumping rocksalt, used to de-ice roads. The bizarre aspect of the complaint was that a foreignconglomerate with United States operations was crying for help against a UnitedStates company with foreign operations. The “United States” company claiming theinjury was a subsidiary of a Dutch conglomerate. In contrast, the “Canadian”companies included a subsidiary of a Chicago firm that was the second-largestdomestic producer of rock salt. Summarize the above passage in 50-60 words:-

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