Which of the following occurs when the price of a good is lower in export markets than it is in the domestic market?
A)Dumping
B)Transfer pricing
C)Price escalation
D)Price controls

Question

Quizplus · Accepted Answer

Dumping occurs when a company sells its goods in a foreign market at a lower price than it sells the same product in its domestic market. This can harm the domestic industry in the foreign market and create an unfair advantage for the exporting company.

Which of the Following Occurs When the Price of a Good