_________ is when a firm charges foreign customers a price that is lower than the price it charges its domestic customers.

Question

Quizplus · Accepted Answer

Dumping is the practice of a company selling a product in a foreign market at a lower price than it charges in its domestic market. This can harm domestic producers in the foreign market, as they cannot compete with the artificially low prices. Dumping is often seen as an unfair trade practice and can result in countervailing duties or other penalties.

_________ Is When a Firm Charges Foreign Customers a Price