________ is referred as the exporting of products at a price that is lower than that charged in its home market.
A) Price escalation
B) Transfer pricing
C) Dumping
D) Competitive pricing

Question

Quizplus · Accepted Answer

Dumping is when a company exports their products at a price lower than what they charge in their home market. This is often done to gain a larger market share in a foreign market or to compete with domestic companies in that market. It can be viewed as unfair competition and is illegal in many countries.

________ Is Referred as the Exporting of Products at a Price