The practice of selling goods to a foreign country at lower prices than obtainable in the exporting country is
The correct answer is D. dumping
Dumping in international trade refers to a situation of price discrimination, where a product is sold for a lesser price in the importing country than the price of that product in the market of the exporting country.
Previous question Next questionWhat is Exam without Practice? With our customizable CBT practice tests, you’ll be well-prepared and ready to excel in your examsStart Practicing Now