the practice of selling goods in foreign markets at a price lower than the cost price is?
-
A.
fair trading -
B.
under invoicing -
C.
hedging -
D.
dumping
Correct Answer: Option D
Explanation
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. Because dumping typically involves substantial export volumes of a product, it often endangers the financial viability of the product’s manufacturers or producers in the importing nation