Answer-Dumping refers to:

Dumping is a term used in the context of international trade. Its when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporters domestic market.

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Question

Dumping refers to:

A Reducing tariffs

B Sale of goods abroad at low a price, below their cost and price in home market

C Buying goods at low prices abroad and selling at higher prices locally

D Expensive goods selling for low prices

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Dumping refers to:

Solution