In terms of pricing strategies, dumping occurs whenever an international firm sells a product for a price that is less than the price charged by domestic producers.

Question

Quizplus · Accepted Answer

Dumping occurs when an international firm sells a product in a foreign market at a price lower than its cost of production or lower than the price in its home market, not just lower than domestic producers' prices.

In Terms of Pricing Strategies, Dumping Occurs Whenever an International