The practice of selling goods overseas and often below the cost of production is known as
A.
retailing
B.
dumping
C.
internal trade
D.
advertising
Correct Answer: Option B
Explanation
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.
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