Dumping occurs when
A)prices for products are lowered to the point at which revenue just covers costs.
B)a product is exported to a foreign country because demand for the product domestically has waned.
C)an abundance of inventory is sold off to discount retailers to recoup costs.
D)a company charges less for a product than what customers are willing to pay.
E)a company sells its exports to another country at a lower price than it sells the same product in its domestic market.

Question

Quizplus · Accepted Answer

Dumping occurs when a company sells its exports to another country at a lower price than it sells the same product in its domestic market. This can lead to unfair competition and harm domestic producers in the importing country.

Dumping Occurs When