Dumping in international trade means selling a goods at a

Economics

JAMB 2009

A. higher price at home than abroad
B. lower price at home than abroad
C. price that equates marginal cost with marginal revenue
D. price above marginal cost abroad

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Correct Answer: Option A

Explanation

Dumping is an international price discrimination in which an exporter firm sells a portion of its output in a foreign market at a very low price and the remaining output at a high price in the home market

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Dumping in international trade means selling a goods at a

Correct Answer: Option A

Explanation

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