China is selling school supplies in the United States for very low prices, even lower than the prevailing prices in China, and thus making it extremely difficult for American manufacturers to compete. This is referred to as

Question

Quizplus · Accepted Answer

The practice of selling goods in foreign markets at prices lower than the prevailing prices in the home market is known as dumping. This is done to capture the market share and drive out local competition. In this case, China is dumping school supplies in the US market at very low prices, making it difficult for American manufacturers to compete.

China Is Selling School Supplies in the United States for Very