Shrimpers in South Louisiana have accused China of selling shrimp in the United States at a lower price than U.S. suppliers. The goal of the Chinese, they argue, is to drive down the price of U.S. shrimp. The U.S. shrimpers are accusing the Chinese of

Question

Quizplus · Accepted Answer

Dumping is the practice of a foreign company's exporting products abroad at a lower price than the price in the home market-or even below the costs of production-to drive down the price of the domestic product.

Shrimpers in South Louisiana Have Accused China of Selling Shrimp