What is it called when a company sells its goods in foreign markets at prices that are below the prices at which it normally sells in its home market or well below its full costs per unit?

Question

Quizplus · Accepted Answer

Dumping is the practice of a company selling its goods in foreign markets at prices that are below the prices at which it normally sells in its home market or well below its full costs per unit. This practice is often used to drive competitors out of the market and gain market share. Dumping can result in anti-dumping measures being taken by the governments of importing countries to protect their domestic industries. Therefore, option A is the correct answer.

What Is It Called When a Company Sells Its Goods