As a result of overproduction, companies historically would move inventories to foreign markets during periods of domestic downturn. This practice was beneficial because of the lag time between domestic and foreign markets. What was this practice called?

Question

Quizplus · Accepted Answer

Dumping is the practice of selling goods in a foreign market at a price below the cost of production. This practice was beneficial because of the lag time between domestic and foreign markets.

As a Result of Overproduction, Companies Historically Would Move Inventories