Dumping is a ________ practice for entry in foreign markets.
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Dumping is considered a form of price discrimination. It occurs when a manufacturer lowers the price of an item entering a foreign market to a level that is less than the price paid by domestic customers in the originating country.
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Dumping is an unfair practice for entry in foreign markets.
- Dumping is a situation of price discrimination that is used by people to enter a foreign market.
- In dumping, the price of goods in the foreign market is less than the price of goods in the originating country.
- Dumping leads to an increase in the debt of the exporter's country and could also lead to trade wars.
- Therefore, it is an unfair method for entering a foreign market.
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