_____ is the sale of an exported product at a price lower than that charged for the same or a like product in the "home" market of the exporter.
A)Exporting
B)Dumping
C)Boycotting
D)Contract manufacturing

Question

_____ is the sale of an exported product at a price lower than that charged for the same or a like product in the "home" market of the exporter.
A)​Exporting
B)Dumping
C)Boycotting
D)​Contract manufacturing

Quizplus · Accepted Answer

Dumping is the practice of selling goods in a foreign market at a lower price than what is sold in the domestic market. This can be done to gain a foothold in a new market or to drive out competition. Dumping is often considered illegal and is subject to anti-dumping laws in many countries.

_____ Is the Sale of an Exported Product at a Price