Price-dumping happens when
A) a U.S. firm unloads its products in a non-U.S. country for a significantly reduced price.
B) a smaller company sets it selling price lower than a competitor's selling price in order to enter the market or increase its market share.
C) a foreign country sells a product in a U.S. domestic market at a price substantially below the domestic market price for the same product.
D) a U.S. company imports goods from a foreign country at a higher unit price than what it can obtain from a local, domestic distributor.

Question

Quizplus · Accepted Answer

Price-dumping occurs when a foreign country sells a product in a domestic market at a price substantially below the domestic market price, often to gain market share or drive out competition.

Price-Dumping Happens When