Q20
Dumping is
A.
selling of goods abroad at a price well below the production cost at the home market price
AnswerB.
the process by which the supply of a manufacture's product remains low in the domestic market, which
C.
prohibited by regulations of GATT
D.
All of the above
Answer: Option A
Solution
Answer: Option A
Solution:
Dumping is a term that is used in financial markets as well as in international trade. In the context of buying and selling securities, dumping refers to the practice of selling large blocks of securities. More specifically, when dumping securities the seller is primarily interested in getting rid of the securities at any price. One simply dumps, or unloads, on the market with no regard to the selling price of the securities.