Exporting a product at a price below the price it normally sells for in its home market is known as:
A) structural adjustment.
B) dumping.
C) free trade.
D) offshoring.

Question

Quizplus · Accepted Answer

Exporting a product at a price below the price it normally sells for in its home market is known as "dumping." This practice can harm domestic producers in the importing country by making it difficult for them to compete with the artificially low prices of the dumped products. As a result, many countries impose anti-dumping measures to protect their industries from such unfair competition.

Exporting a Product at a Price Below the Price It