With regard to price controls, the term dumping refers to:

Question

Quizplus · Accepted Answer

Dumping refers to selling below fair value to undermine competitors' charging the market price and/or to get rid of excess inventory-with the same outcome, of undermining competition. When used as price controls, antidumping measures involve initiating investigations to determine whether imports are sold below fair value, imposing duties to offset dumping, as well as adopting other measures to counter the effects of dumping.

With Regard to Price Controls, the Term Dumping Refers To