World Imports/Exports, Inc., is pricing a product sold in a foreign market below the cost of producing it. It sells the same product at a higher price in its domestic market. The company is engaging in

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The company is engaging in dumping, which is selling a product in a foreign market below the cost of production in order to gain market share and drive competitors out of business. This is often seen as an unfair trade practice because it can distort competition and harm domestic producers in the foreign market.