CA Foundation P4 · Chapter 9 · Question 7 of 15
In international trade, 'dumping' refers to:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Exporting a product at a price lower than its normal value in the exporter's home market
Explanation
Dumping occurs when goods are exported at a price below their normal value (usually the domestic price in the exporting country). If it causes material injury to the domestic industry of the importing country, that country may levy an anti-dumping duty.
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