Charging a price that is lower than actual costs or less than the company charges in its home market is called ________.

Question

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Dumping is the practice of charging a price that is lower than actual costs or less than the company charges in its home market. This is done to gain a competitive advantage in the importing market, and is often considered unfair trade practice. Gray marketing refers to the unauthorized distribution of genuine branded products, while price fixing is the collusion between competitors to fix prices. Compensation trading and offset pricing are not relevant to this term.

Charging a Price That Is Lower Than Actual Costs or Less