The act of selling goods abroad at a price below their cost and below the price charged in the domestic market is called

Question

Quizplus · Accepted Answer

Dumping refers to the practice of exporting goods at a price that is lower than their cost of production or the price at which they are sold in the domestic market. This can be done to capture market share in a foreign market, or to drive out local competitors by exploiting economies of scale or regulatory advantages. Dumping is generally seen as an unfair trade practice, and is subject to anti-dumping measures by governments and trade organizations.

The Act of Selling Goods Abroad at a Price Below