What entity assesses the effects of dumping on domestic businesses and recommends temporary import restrictions to the president?

The correct answer identifies the International Trade Commission (ITC) as the entity responsible for assessing the effects of dumping on domestic businesses. The ITC plays a crucial role in protecting domestic industries from unfair trade practices, such as dumping, which occurs when foreign companies sell products in the U.S. at prices lower than their normal value, causing harm to American manufacturers.

When an investigation is triggered, the ITC conducts thorough assessments to determine whether the dumping is occurring, the extent of the injury to domestic industries, and the overall impact on the U.S. economy. Based on its findings, the ITC can recommend temporary import restrictions or tariffs to the president as a means to safeguard domestic producers from the adverse effects of such unfair trade practices. This responsibility is part of the ITC's mandate to ensure fair competition and enforce trade laws within the United States.

The other entities listed do not have the same focused role. For example, the International Business Committee does not exist as a specific body to handle dumping assessments. The Domestic Economic Agency is not a recognized entity for such assessments, and the Trade Regulation Board does not have the authority or function described in this context. The clear delineation of duties and the legal framework underpinning the ITC’s activities solidifies