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Economics miscellaneous

  1. Dumping is a form of price discrimination at
    1. within the industry
    2. national level
    3. international level
    4. local level
Correct Option: C

Dumping is, in general, is a situation of international price discrimination, where the price of a product, when sold in the importing country, is less than the price of that product in the market of the exporting country. It is regarded as an “unfair” trade practice as it may cause or threaten to cause material injury to the importing markets.



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