If a manufacturer sells goods abroad for a lesser price than they sell for at home,it implies that _____.

Name: If a manufacturer sells goods abroad for a lesser price than they sell for at home,it implies that _____.
Brand: Quizplus
Rating: 4.9 (62 reviews)

Question

Quizplus · Accepted Answer

Selling goods abroad for a lesser price than they sell for at home is known as dumping. It can be a pricing strategy aimed at gaining a foothold in a new market or driving out competition. It is usually considered illegal by trade laws and can lead to trade sanctions or penalties.

If a Manufacturer Sells Goods Abroad for a Lesser Price