Dumping is selling goods in a foreign market at a price
-
below what is sold at the home market
- above what is sold at the home market.
- equal to what is sold at the home market
- equal to the cost of producing the goods
The correct answer is: A
Explanation
In international trade, dumping simply refers to a situation where a product is sold at a cheaper price to a foreign country (importing country), than in the domestic market that produced it (exporting country).