Question

What is devaluation and dumping in economics?

Answer 1

Dumping, in economics, 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 below the normal price.

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Answer 2

The positive effects are: Consumers of the product being dumped in the importing country benefit from lower prices. ... Dumping can force industries or companies in the foreign markets (importing markets) to become more competitive and innovative