In international trade, dumping refers to

A. a firm selling a product in a foreign country below its domestic price or below its actual cost.
B. a firm selling damaged or unsalable goods below their original production cost.
C. illegally disposing of unusable or damaged goods to avoid paying removal fees and/or taxes.
D. a firm selling quality goods at significantly lower prices for the primary purpose of reducing inventory to make room for seasonal goods.
E. a firm selling quality goods at significantly lower prices for the primary purpose of reducing inventory to make room for newer or more expensive models.


Answer: A

Business

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