The European Union accused South Korea of selling ships at a loss in an attempt to push its European rivals out of the market.In other words,South Korea was accused of:
A) dumping
B) illegal importing
C) countertrading
D) fiscal impropriety
E) using an illegal cartel

Question

Quizplus · Accepted Answer

Dumping is the sale of an exported product at a price lower than that charged for the same product in the home market of the exporter (South Korea).

The European Union Accused South Korea of Selling Ships at a Loss