What is it called when a company sells its goods in foreign markets at prices that are below the prices at which it normally sells in its home market or well below its full costs per unit?
A) dumping practices
B) price-clearing system
C) clearance sale
D) discounting practices
E) competitive advantage

Question

Quizplus · Accepted Answer

Dumping is a practice where a company sells its goods in foreign markets at prices that are lower than their normal price in the domestic or home market. This is often done to gain a competitive advantage over local companies in the foreign market. However, it can have negative impacts on the local economy and businesses, which is why it is often subject to regulations and trade laws.

What Is It Called When a Company Sells Its Goods