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

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Dumping is the practice of selling goods in a foreign market at a price below their costs of production or below their "fair" market price. It can be considered a form of unfair competition, as it can harm domestic producers in the importing country by undercutting their prices and driving them out of business. Dumping may be subject to anti-dumping duties by the importing country.

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