Answers
As per HOMEWORKLIB RULES first question is answered
Kindly ask rest of the questions in a separate post
1.
People who would be angry: US producers of steel
Reason: US steel producers would be angry about Japanese steel dumping because the Japanese would be selling steel in the US market af very low prices, which would reduce demand for US made steel, as consumers would find the latter more costly. As a result, demand for US steel would fall and thus US steel producers would experience loss.
People who would benefit: Steel consumers in US
Reason: Consumers of steel in US would benefit from Japanese steel dumping, as they would be able to buy steel at very low prices, as compared to before Japan selling steel in US. This would help steel consumers save a lot of money.
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