Dumping means the selling of a good in a foreign market at a price that is
A. below the home market price B. above the home market price C. equal to the home market price D. able to clear the home market price
Correct Answer: A
Explanation
Dumping is a term used in international trade. It's when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter's domestic market. It is the act of charging a lower price for a product in a foreign market than the normal value of the product in the domestic market.
