Some countries outlaw ________,a practice in which a company prices its products lower than they are priced at home.

Question

Quizplus · Accepted Answer

The practice described in the question stem is called 'dumping'. Dumping is when a company exports a product to another country at a lower price than the price it normally charges in its own domestic market. This can harm local companies and businesses by creating unfair competition, making it difficult for them to compete or even to survive. Some countries, therefore, outlaw or regulate dumping practices to protect their own companies and ensure fair trade practices.

Some Countries Outlaw ________,A Practice in Which a Company Prices