what is meant by dumpingdumping is when a


What is meant by dumping?

Dumping is when a producing country dumps goods on foreign markets at a price lower than either the price on the home market or below the cost (HL: marginal cost) of production. Common instance are subsidised industries in developed countries which then dump excess supply on developing countries

 

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: what is meant by dumpingdumping is when a
Reference No:- TGS0313320

Expected delivery within 24 Hours