Dumping is the practice of selling a large volume of product into a foreign market at prices lower than the company's own domestic market.

Question

Quizplus · Accepted Answer

Dumping occurs when a company exports a product at a price lower than the price it normally charges in its own home market, often with the intention of increasing market share in the foreign market by undercutting local competitors.

Dumping Is the Practice of Selling a Large Volume of Product