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Dumping in internationaloccurs when a foreign firm sells

Dumping in international occurs when a foreign firm sells
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Above its cost of production at home and abroad
  • B Below its cost of production at home and abroad
  • C More goods to a country than the country has need of
  • D Below its cost of production in a foreign market
Correct Answer: Option D
Explanation:
Dumping is a term used in the context of international trade. It's when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter's domestic market. it means exported goods are sold cheaper in the foreign market than the the exporter's domestic. that means the goods are sold below its cost of production

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