occurs when a company either charges less than its costs or less than it charges in its home market.
A)Countertrade
B)Straight product extension
C)Licensing
D)Dumping
E)Price escalation

Question

Quizplus · Accepted Answer

Dumping occurs when a company charges less than its costs or less than it charges in its home market. This practice is often used to gain market share and drive out competition in a foreign market.

Occurs When a Company Either Charges Less Than Its Costs