_______ occurs when a foreign firm sells its exports at a lower price than it costs to produce the goods.
A) Learning- by- doing
B) Comparative advantage
C) Dumping
D) A tariff

Question

Quizplus · Accepted Answer

Dumping occurs when a company exports a product at a price lower than the price it normally charges in its home market or below its cost of production. This is often done to gain market share in a foreign market or to offload excess production.

_______ Occurs When a Foreign Firm Sells Its Exports at a Lower