________ occurs when a foreign firm sells its exports at a lower price than it costs to produce the goods.

Name: ________ occurs when a foreign firm sells its exports at a lower price than it costs to produce the goods.
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Question

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Dumping is the practice where a company exports a product at a price lower than the price it normally charges in its own home market or below its cost of production. This is often done to gain market share in the foreign market or to unload excess production capacity.

________ Occurs When a Foreign Firm Sells Its Exports at a Lower