The temporary sale abroad at prices below cost to eliminate competitors in that target market is called _____

Question

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Predatory dumping is the practice of selling goods in a foreign market at a price that is lower than the cost of production to force local competitors out of business. This allows the company to gain a monopoly in that market and then raise prices once the competition is eliminated. This practice is considered unfair trade and is often regulated by governments and international organizations.

The Temporary Sale Abroad at Prices Below Cost to Eliminate