Economics · International Trade
What is meant by 'Dumping' in international trade?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Illegal cross-border trade of prohibited items
- 2Import of goods completely exempted from customs duties
- 3Export of a commodity at a price lower than its cost of production✓
- 4Export of low-quality products to developing nations
Correct answer
Export of a commodity at a price lower than its cost of production
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