Multiple choice Dumping in the context of international trade refers to exporting goods at prices below the cost of production exporting goods of inferior quality exporting goods only to re-import them at cheaper rates exporting goods without paying appropriate taxes in the receiving country Reveal answer Fill a bubble to check yourself A Correct answer Explanation Dumping occurs when a country exports a product at a price lower than its cost of production or lower than the price in its domestic market, often to gain market share or eliminate competition.