Q
The term “Dumping” means ?
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A
A. the sale of the sub-standard commodity
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B
B. sale in a foreign market of a commodity at a price below marginal cost
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C
C. sale in a foreign market of a commodity just at marginal cost without too much of profit
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D
D. smuggling of goods without paying any customs duty
Correct Answer:
B. B. sale in a foreign market of a commodity at a price below marginal cost
