Economics · International Economics
In international trade economics, 'dumping' refers to a situation of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Selling low-priced goods by LDCs in developed economies
- 2Selling goods cheaply in the foreign market and expensively in the domestic market✓
- 3Developed countries selling low-priced inferior goods to Less Developed Countries (LDCs)
- 4Selling goods cheaply in the domestic market and expensively in the foreign market
Correct answer
Selling goods cheaply in the foreign market and expensively in the domestic market
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