________ is the practice of selling substantial quantities of a product in a foreign market at prices that are below either the home-market price or below the full cost of producing it.
A)Exporting
B)Bartering
C)Dumping
D)Price discrimination

Question

Quizplus · Accepted Answer

Dumping is the practice of selling goods in a foreign market at a price that is lower than the price charged in the home market or lower than the cost of production. This is usually done to capture market share or eliminate competition in the foreign market. It is considered an unfair trade practice and is prohibited by many countries, including the World Trade Organization (WTO).

________ Is the Practice of Selling Substantial Quantities of a Product