Dumping in international trade means selling a goods at a
-
A.
higher price at home than abroad -
B.
lower price at home than abroad -
C.
price that equates marginal cost with marginal revenue -
D.
price above marginal cost abroad
Correct Answer: Option A
Explanation
Dumping is an international price discrimination in which an exporter firm sells a portion of its output in a foreign market at a very low price and the remaining output at a high price in the home market