Economics · International Trade Practices & Dumping Types
Which of the following statements regarding Predatory Dumping is INCORRECT?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It involves a temporary strategy of selling goods in a foreign market at a price below the cost of production.
- 2The ultimate objective of this practice is to drive foreign competitors out of the market and establish a monopoly.
- 3It is recognized as the most harmful and unfair form of dumping and is a primary target of WTO anti-dumping rules.
- 4It is characterized as a chronic, long-term practice of selling in foreign markets below the domestic price to maintain market share.✓
Correct answer
It is characterized as a chronic, long-term practice of selling in foreign markets below the domestic price to maintain market share.
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