a firm sells a product in a foreign country below its domestic price or below its actual cost,it is referred to as
A) loss-leader pricing.
B) surplus marketing.
C) dumping.
D) second-market pricing.
E) entrepreneurial pricing.

Question

Quizplus · Accepted Answer

Selling a product in a foreign country below its domestic price or below its actual cost is known as dumping. This practice is often considered anti-competitive and can be harmful to domestic industries in the foreign country.

A Firm Sells a Product in a Foreign Country Below