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Dumping in international trade means selling a goods at a

Dumping in international trade means selling a goods at a
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Higher price at home than abroad
  • B Lower price at home than abroad
  • C Price that equates marginal cost with marginal revenue
  • D Price above marginal cost abroad
Correct Answer: Option A
Explanation:
Dumping is an international price discrimination in which an exporter firm sells a portion of its output in a foreign market at a very low price and the remaining output at a high price in the home market

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