The act of selling in a foreign market at a price lower than the cost price is called
-
Dumping
- hedging
- fair trading
- under sale
The correct answer is: 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