When a firms "dumps" some of its products in another country, it
A) creates an environmental hazard in the receiving country.
B) sells its goods abroad at a price lower than it costs to produce the goods.
C) increases the total level of employment in the receiving country.
D) is specializing according to comparative advantage.

Question

Quizplus · Accepted Answer

Dumping occurs when a firm sells its products in a foreign market at a price lower than the cost of production, often to gain market share or eliminate competition.

When a Firms "Dumps" Some of Its Products in Another