When a firm sells its product abroad for less than the price at which it sells it in its domestic market,it is often accused of

Question

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When a firm sells its product abroad for less than the price at which it sells it in its domestic market, it is called dumping. This is usually done to gain a larger market share in the foreign market and to drive out competition. It is considered unfair trade practice and is subject to anti-dumping laws and regulations.

When a Firm Sells Its Product Abroad for Less Than