DumpingA) is the sale of a good abroad at a cheaper price than what the good is sold for in the producer's domestic market.B) generally hurts consumers of the nation receiving the dumped goods.C) is generally encouraged by domestic producers of the product being dumped since they are the primary beneficiaries of the dumping.D) is the sale of a good that is illegal in the producing country to another country.

Question

DumpingA)  is the sale of a good abroad at a cheaper price than what the good is sold for in the producer's domestic market.B)  generally hurts consumers of the nation receiving the dumped goods.C)  is generally encouraged by domestic producers of the product being dumped since they are the primary beneficiaries of the dumping.D)  is the sale of a good that is illegal in the producing country to another country.

Amjad AlZadjali · Accepted Answer

Final Answer : A, Explanation :  Dumping refers to selling a product in a foreign market at a price lower than in the domestic market, often to gain market share or eliminate competition.

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