Multiple choice

The practice of selling goods in a foreign country at a price below their domestic selling price is called

  1. diplomacy

  2. discrimination

  3. dumping

  4. double pricing
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Dumping is an international trade practice where a company exports a product at a price lower than the price it normally charges in its own home market. This is often done to gain market share or eliminate competition in the foreign country.

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