Dumping in international trade means selling a ... - JAMB Economics 2009 Question
Dumping in international trade means selling a goods at a
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
correct option: a
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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