Selling a product abroad for less than the cost of production is referred to as
A) direct foreign investment.
B) setting up a business office.
C) dumping.
D) imposing tariffs.
E) setting up quotas.

Question

Quizplus · Accepted Answer

Selling a product abroad for less than the cost of production is referred to as dumping. This can harm domestic industries by creating unfair competition and is often addressed through anti-dumping measures imposed by importing countries.

Selling a Product Abroad for Less Than the Cost of Production