A firm that is selling a product at a lower price on foreign markets for the purpose of driving foreign producers out of business is engaging in persistent dumping.

Question

Quizplus · Accepted Answer

Persistent dumping refers to the continuous sale of a product at a lower price in a foreign market than in the domestic market, not specifically for driving foreign producers out of business. The scenario described is more aligned with predatory dumping.

A Firm That Is Selling a Product at a Lower