In international trade the term "dumping" means
A) price discrimination by domestic producers.
B) selling goods in a foreign market for a price less than on the home market.
C) selling goods in a home market for a price less than on the foreign market.
D) selling goods on the black market to avoid paying taxes.

Question

Quizplus · Accepted Answer

Dumping refers to the practice of selling goods in a foreign market for a price lower than the price in the domestic/home market. This allows the exporter to capture market share and undermine the competition in the foreign market. It's considered an unfair trade practice by the World Trade Organization (WTO) if it causes material injury to competing domestic industries in the import market.

In International Trade the Term "Dumping" Means