______________ refers to a tactic whereby a foreign firm intentionally sells at a loss in another country in order to increase its market share at the expense of domestic producers, which amounts to an international price war.____________ is the result of time lags between the dates of sales transaction, shipment and arrival.Prices, including exchange rates, can change in such a way that the final sales price turns out to be below the cost of production or below the price prevailing in the exporter's home market.

Question

Quizplus · Accepted Answer

Predatory dumping refers to the strategy of selling products at a loss in foreign markets to undercut local businesses and gain market share. Unintentional dumping occurs due to time lags in international transactions that can lead to sales at prices below production cost or home market prices due to changes in exchange rates or other factors.

______________ Refers to a Tactic Whereby a Foreign Firm Intentionally