When a firm sells products at lower prices to foreign purchasers, it is known as:

Name: When a firm sells products at lower prices to foreign purchasers, it is known as:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Selling products at lower prices to foreign purchasers is known as international dumping. This practice may give the selling firm an unfair advantage over domestic firms in the foreign market and can harm the domestic industry. As a result, many countries have imposed anti-dumping measures to protect their domestic industries.

When a Firm Sells Products at Lower Prices to Foreign