Some countries export products at prices below the cost of production or the price charged in the domestic market.This practice is called:

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Dumping refers to a situation when a country exports goods or services at a lower price than their cost of production or the price at which they are sold in the domestic market. This practice can harm domestic industries in the importing country and create an unfair advantage for the exporting country. Therefore, dumping is often prohibited or regulated by international trade agreements.

Some Countries Export Products at Prices Below the Cost of Production