In certain industries,Japanese employers do not lay off workers.Therefore,they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices.To hold down losses,they sell goods in overseas markets at prices well beneath those in Japan.This practice is best referred to as:

Question

Quizplus · Accepted Answer

The described practice of selling goods in overseas markets at prices well beneath those in Japan is known as "dumping." This is often seen as an unfair trade practice that can hurt local industries in the countries where the goods are being sold.

In Certain Industries,Japanese Employers Do Not Lay Off Workers