The act of selling in a foreign market at a price lower than the cost price is called
-
A.
Dumping -
B.
hedging -
C.
fair trading -
D.
under sale
Correct Answer: Option A
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
Exporting goods at prices lower than the home-market prices