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Username: Peter

Rating:
Guru Stars

Asked to: Tom Burke

Date Created: 28 Jan 2017
Category 28
Tag Financial
Question What is 'Dumping'?
Advice from Guru
Hello Peter,

Dumping, in reference to international trade, is the export by a country or company of a product at a price that is lower in the foreign market than the price charged in the domestic market. As dumping usually involves substantial export volumes of the product, it often has the effect of endangering the financial viability of manufacturers or producers of the product in the importing nation.

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