A company selling products in one country at a high profit and selling the products in another country at a loss with intentions of driving out competitors is said to be __________.
A)diversifying
B)protective
C)dumping
D)embargoing

Question

Quizplus · Accepted Answer

Dumping is a practice where a company exports its products to a foreign country at a lower price than the price it sells the same products in its domestic market. The intention of dumping is to price the domestic competitors out of the market in the foreign country. It is considered illegal in many countries and can lead to anti-dumping duties and trade barriers.

A Company Selling Products in One Country at a High