If a company sells products in export markets at prices that are below fair market value and that can harm producers in the export market,that company may be accused of:
A)market skimming.
B)using offsets.
C)pursuing artificially high margins.
D)dumping.
E)gray marketing.

Question

Quizplus · Accepted Answer

Dumping refers to the practice of selling a product in a foreign market at a price that is below the cost of production or below the price in the home market. This can harm producers in the export market by undercutting local prices and potentially driving them out of business.

If a Company Sells Products in Export Markets at Prices