__________occurs when a foreign firm sells its exports at a lower price than its cost of production.
A) A tariff
B) A nontariff barrier
C) Dumping
D) A quota

Name: __________occurs when a foreign firm sells its exports at a lower price than its cost of production. A) A tariff B) A nontariff barrier C) Dumping D) A quota
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Question

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Dumping occurs when a foreign firm sells its exports below cost in the importing market. It is a form of unfair competition that can harm domestic producers in the importing market.

__________Occurs When a Foreign Firm Sells Its Exports at a Lower