Which of the following is true about dumping?
A) It means selling a product abroad for less than the comparable price at home.
B) It benefits industries in countries where products are dumped.
C) It is legal in Canada.
D) The Canada Revenue Agency determined that cars produced by Toyota and Honda in Japan were being "dumped" in Canada.
E) None of these.

Question

Quizplus · Accepted Answer

Dumping refers to the practice of selling a product in a foreign market at a price lower than its normal value, often below the cost of production or the price in the domestic market.

Which of the Following Is True About Dumping