Reflecting on Economic Dumping Through the Catholic Social Teaching

What is economic dumping?

Exporting a product into a foreign country for a price lower than its cost of production

Exporting products into wealthy countries for a price higher than the domestic country's

Exporting a product into a foreign country for a price higher than its cost of production

What Encyclical Letter did Pope Leo XIII write in 1891?

Rerum Novarum

Caritas In Veritate

Humanae Vitae

How might economic dumping effect the domestic countries?

Drive them to bankruptcy

Leads to job losses

Decrease in sales and profits

All of the above

Why is economic dumping a moral issue?

It leads to financial risks

The dumpers are only thinking of satisfying their own greed even though they are aware that the victims will suffer financially

The victims are not taking a stand and speaking up for their rights

What is a cultural factor of economic dumping?

It has been embedded within Europeans since colonization that the strong must manipulate the weak

It is all about power, so the vulnerable nations are left out of the pricing process

The European nations are wealthy, so they believe they have power over the vulnerable nations

All of the above

What is The Principle of the Dignity of the Human Person?

Everyone must work together to build a society that bind humans together as one.

The life of all human beings must be respected from the moment of birth to death

Every human life, regardless of any factors, is worthy of respect

How can Christians use the Principle of Participation as a guide to prevent economic dumping?

By realizing that everyone is equal and should be treated with respect.

By understanding that they must contribute to a free and flourishing society.

By realizing that every human being has the right to take part in the economic, cultural, and political life of society

What Catholic Social Teaching does “Those who become rich by abusing their workers have sinned against God.” from James 5:1-6 fall under?

Principle of the Dignity of the Human Person

Principle of the Common Good

Principle of Participation

How can Christians empower those who are disadvantaged in economic dumping?

Donations to victims

Anti-dumping campaigns within Catholic organizations

Formals protests to the European Government

All of the above

What is a small-scale contribution to economic dumping?

Formals protests to the European Government

Donations to the developing countries

Becoming involved with the World Trade Organization (WTO)

Why are Biblical values important?

Allows the people responsible for economic dumping to continue with their actions

Allows the victims of economic dumping to realize that they can do nothing to change the issue themselves

Allows humans to seek in promoting justice, fairness, and equality, while removing greed, selfishness, and inequality

Why is it important for Christians to evaluate the effectiveness of their actions?

In order for them to discover how they can improve their actions

So that they can understand that there are no limits in creating a better world

Both

Reflecting on Economic Dumping Through the Catholic Social Teaching

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