________ occurs when a company either charges less than its costs or less than it charges in its home market.
A) Price escalation
B) Dumping
C) Licensing
D) Straight product extension
E) Countertrade

Question

Quizplus · Accepted Answer

Dumping occurs when a company sells its products in a foreign market at a price lower than its costs or lower than it sells the same product in its home market. This practice is often seen as unfair and can have negative effects on the domestic industry in the foreign market.

________ Occurs When a Company Either Charges Less Than Its