Which of the following refers to dumping?
A)Selling domestic goods in the international market at much lower prices.
B)Selling domestic goods of inferior quality in the international markets at higher prices.
C)Restricting the sale of domestic goods within the geographic boundary of the country.
D)Selling domestic goods at discounted prices to the local consumers and selling the same at much higher prices to the foreign consumers.

Question

Quizplus · Accepted Answer

Dumping refers to the practice of selling domestic goods in the international market at much lower prices than their actual cost of production. This is often done to capture a large market share and drive out competition in the long run.

Which of the Following Refers to Dumping