Dumping is
A. selling of goods abroad at a price well below the production cost at the home market price
B. the process by which the supply of a manufacturer's product remains low in the domestic market, which batches him better price
C. prohibited by regulations of GATT
D. All of the above
Answer: D
Source:
Dumping
In economics, "dumping" is a kind of predatory pricing, especially in the context of international trade.
It occurs when manufacturers export a product to another country at a price either below the price charged in its home market or below its cost of production.
The purpose of this act is sometimes to increase market share in a foreign market or to drive out competition.
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