Which of the following refers to the practice of selling a product abroad for less than the cost of production?
A) exporting
B) importing
C) dumping
D) safeguarding
E) offshoring

Name: Which of the following refers to the practice of selling a product abroad for less than the cost of production? A) exporting B) importing C) dumping D) safeguarding E) offshoring
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Question

Quizplus · Accepted Answer

C)Dumping hurts companies where it occurs because local companies cannot compete with below-cost prices.

Which of the Following Refers to the Practice of Selling