As it relates to international trade, dumping

Question

Quizplus · Accepted Answer

Dumping is the practice of selling goods in a foreign market at less than the cost of production, which is considered unfair competition and is prohibited by many countries including the United States. It can harm domestic producers by undercutting their prices and ultimately driving them out of business. As a result, anti-dumping measures such as tariffs or quotas may be imposed to protect local industries from the effects of dumping.

As It Relates to International Trade, Dumping