The practice of selling goods to a foreign country at lower prices than obtainable in the exporting country is
Answer Details
Dumping is the practice of selling goods to a foreign country at lower prices than can be obtained in the country where the goods are produced. This is often done by companies that want to increase their market share in another country or get rid of surplus goods. The lower prices can make it difficult for local producers in the importing country to compete and can lead to a decrease in their sales and profits. In some cases, this can also result in the loss of jobs in the importing country.