The strategy in which a company sells its exports to another country at a lower price than it sells the same product in its domestic market is referred to as
A)mass exporting.
B)survival pricing.
C)dumping.
D)the gray market.
E)bundling.

Question

Quizplus · Accepted Answer

Dumping is when a company exports its products to another country at a lower price than it sells the same product in its domestic market. This strategy is often used to gain a foothold in a new market, increase market share, or get rid of excess inventory. However, it can harm domestic industries in the importing country and lead to trade disputes.

The Strategy in Which a Company Sells Its Exports to Another