When a firm dumps a product in another country, it sells it at

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When a firm dumps a product in another country, it often sells it at a lower price in the foreign market, where the demand is more price-elastic compared to the home market, where it is less elastic. This is because the firm may be trying to gain market share in the foreign market and compete with local producers who may have lower costs of production. Additionally, the firm may be facing excess inventory or production capacity in the home market and is looking to offload the product at a lower price in the foreign market.

When a Firm Dumps a Product in Another Country, It