Dumping is a trade practice in which countries sell goods in a foreign market at cheaper prices than the goods can be produced domestically.

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Quizplus · Accepted Answer

Dumping is indeed a trade practice in which countries sell goods in a foreign market at prices that are lower than their normal value, often lower than the cost of production or cost of selling it in their domestic market. This is usually done to grab market share, drive out competition and establish dominance, and can lead to anti-dumping measures by the importing country to protect its industries.

Dumping Is a Trade Practice in Which Countries Sell Goods