Dumping is
A) selling a good abroad in huge quantities at a very low price.
B) exporting goods that are sources of pollution.
C) exporting goods that are of inferior quality relative to the goods sold in the domestic market.
D) selling a good abroad at a price below cost or below the price charged in the domestic market.

Question

Quizplus · Accepted Answer

Dumping refers to selling a good abroad at a price below the cost of production or below the price charged in the domestic market. This practice can harm domestic industries in the importing country because they cannot compete with the low prices. It is considered an unfair trade practice and can lead to anti-dumping measures by the importing country's government.

Dumping Is