Bolton watches are sold for an average price of $30.00 per unit in Taiwan,but typically command a price of $65.00 or higher in other global markets.When Bolton's Taiwanese distributors resell the watches to Russia to obtain higher prices,it is an example of ________________________.

Question

Quizplus · Accepted Answer

Dumping represents the sale of products at a much lower price abroad then domestically, usually below cost. This situation is not referenced in the question.

Bolton Watches Are Sold for an Average Price of $30