Whenever a foreign producer is selling a product like steel at a lower price than domestic producers, then dumping is being practiced and must be corrected.Topic: The Case for Protection: A Critical Review

Question

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Dumping refers to selling a product in a foreign market at a price lower than its normal value, often below production cost or domestic market price, not just lower than domestic producers' prices. It requires investigation to determine if it's harmful and needs correction.

Whenever a Foreign Producer Is Selling a Product Like Steel