Which term describes a form of price discrimination that can potentially harm the importing nation's competing industries?
A) Countertrade
B) Trade barriers
C) Free trade
D) Dumping

Question

Quizplus · Accepted Answer

Dumping is a form of price discrimination that can potentially harm the importing nation's competing industries because it involves selling goods in a foreign market at a price below the cost of production. This can make it difficult for domestic producers to compete with the imported goods, leading to a loss of market share and potential job losses.

Which Term Describes a Form of Price Discrimination That Can