The practice of selling goods overseas and often below the cost of production is known as
Answer Details
The practice of selling goods overseas and often below the cost of production is known as "dumping." Dumping occurs when a company exports a product to another country at a price that is lower than the price charged for the same product in its domestic market. This can be done for a variety of reasons, such as to gain market share, to eliminate competition, or to dispose of excess inventory. Dumping is often viewed as an unfair trade practice, as it can harm domestic producers and create an uneven playing field in the global market.