In the context of international trade,__________ is defined as selling goods in a foreign market at a price below their costs of production or as selling goods in a foreign market at below their "fair" market price.

Question

Quizplus · Accepted Answer

The term for selling goods in a foreign market at a price below their costs of production or below their "fair" market price is known as dumping. This can lead to unfair competition and harm producers in the importing country.

In the Context of International Trade,__________ Is Defined as Selling