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The act of selling in a foreign market at a price lower than the cost price is called

The act of selling in a foreign market at a price lower than the cost price is called
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Dumping
  • B Hedging
  • C Fair trading
  • D Under sale
Correct Answer: Option A
Explanation:
Dumping occurs when a product is sold in a foreign market at a price lower than its normal value or cost, often to gain market share or compete with producers in that market.

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