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Dumping is selling goods in a foreign market at a price ____________

Dumping is selling goods in a foreign market at a price ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Below what is sold at the home market
  • B Above what is sold at the home market.
  • C Equal to what is sold at the home market
  • D Equal to the cost of producing the goods
Correct Answer: Option A
Explanation:
In international trade, dumping simply refers to a situation where a product is sold at a cheaper price to a foreign country (importing country), than in the domestic market that produced it (exporting country).

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