_____ is defined as a plan to raise prices after eliminating local rivals.
A) Dumping
B) Dodging
C) Collusion
D) Forbearing

Name: _____ is defined as a plan to raise prices after eliminating local rivals. A) Dumping B) Dodging C) Collusion D) Forbearing
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Question

_____ is defined as a plan to raise prices after eliminating local rivals.
A) Dumping 
B) Dodging 
C) Collusion 
D) Forbearing

Quizplus · Accepted Answer

Dumping involves selling products at a lower price in a foreign market than in the domestic market, often with the intention of driving out local competition. After local rivals are eliminated, prices can be raised.

_____ Is Defined as a Plan to Raise Prices After