Dumping is selling goods in a foreign market at a price ____________
A. below what is sold at the home market B. above what is sold at the home market. C. equal to what is sold at the home market D. equal to the cost of producing the goods
Correct Answer: A
Explanation
In international trade, dumping simply refers to a situation where a product is sold at a cheaper price to a foreign country (importing country), than in the domestic market that produced it (exporting country).
