In international trade,"dumping" is defined as charging

Question

Quizplus · Accepted Answer

Dumping refers to the practice of selling goods in a foreign market at a price lower than the domestic market price or lower than the cost of production. Option B correctly defines dumping as charging a lower price in foreign markets than in the domestic market. Options A, D, and E also refer to pricing below costs, but they do not mention the comparison between domestic and foreign prices, which is the key aspect of dumping. Option C does not relate to dumping as it describes the pricing of the importers rather than the exporters.

In International Trade,"dumping" Is Defined as Charging