Dumping occurs when, in a foreign market, a good is sold
A) below its cost of production or below the price in that market.
B) at a discount below the list price.
C) below its nominal price.
D) at a price above the equilibrium price.

Question

Quizplus · Accepted Answer

Dumping occurs when a good is sold at a price below its cost of production or below the price in that market. This is an unfair trade practice that may harm domestic producers in the foreign market.

Dumping Occurs When, in a Foreign Market, a Good Is