Economics · International Trade

In international economics, 'dumping' refers to _______.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Banning the import of low-quality materials
2Selling goods in foreign markets at a price below domestic price or cost of production✓
3Selling goods in foreign markets at exorbitant prices
4Selling goods in a foreign market at a reasonable profit

Correct answer

Selling goods in foreign markets at a price below domestic price or cost of production

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on International Trade?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Economics · International Trade

Which of the following territories was annexed by Lord Dalhousie under the pretext of misgovernance, and not directly through the Doctrine of Lapse?

What was the primary stated reason for the Partition of Bengal in 1905 by Lord Curzon?

Related Practice Questions