"Dumping" refers to
A) the sale of goods abroad at a price below their cost and below the price charged in the domestic market.
B) unloading of foreign goods on domestic docks.
C) government actions to remedy "unfair" trade practices.
D) buying goods at low prices in foreign countries and selling them at high prices in the United States.

Question

Quizplus · Accepted Answer

Dumping refers to the sale of goods abroad at a price below their cost and below the price charged in the domestic market. This practice is considered unfair trade and can harm domestic industries by creating an imbalance in the market. Governments often take actions to prevent or remedy dumping practices.

"Dumping" Refers to