Many countries outlaw ________, a practice in which a company prices its products lower than they are priced at home.
A) gray marketing
B) parallel importing
C) black marketing
D) dumping
E) countertrading

Question

Quizplus · Accepted Answer

Dumping refers to the practice of a company pricing its products lower in a foreign market than in its domestic market. This can harm domestic producers in the foreign market and can be seen as anti-competitive, which is why many countries outlaw this practice. Gray marketing, parallel importing, black marketing, and countertrading refer to different practices and are not necessarily outlawed in all countries.

Many Countries Outlaw ________, a Practice in Which a Company