Dumping in international occurs when a foreign firm ...
Dumping in international occurs when a foreign firm sells
Above its cost of production at home and abroad
Below its cost of production at home and abroad
More goods to a country than the country has need of
Below its cost of production in a foreign market
Correct answer is D
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.
Mobility of labour is higher when there ...
In a free market economy, the rationing of scarce goods is done principally by ...
A major disadvantage of a socialist economy is that ...
A market condition where profit is maximized when MR = AR = MC = P is known as ...
From the diagram above, the quantity of output is determined by the point ...
Which of these is not usually the function of a wholesaler? ...
The act of cultivating land and rearing of animal for man’s use is ...
If CBN reduces money supply, the interest rate will ...
There is an improvement in the terms of trade of a country if ...