Dumping is selling goods in a foreign market at a price
Dumping is selling goods in a foreign market at a price
Below what is sold at the home market
Above what is sold at the home market
Equal to what is sold at the home market
Equal to the cost of producing the goods
Correct answer is A
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).
Excise duties are taxes levied on ...
The ultimate objective of Economics is to ...
The high rate of inflation in Nigeria can be attributed to ...
Which of the following is likely to reduce a surplus in the balance of payments of a country? ...
The curve labeled II illustrates a system of taxation ...
The reward to capital as a factor of production is ...
A consumer of a single commodity is in equilibrium when ...
One major criticism of foreign aid to developing countries is that it ...