Dumping Is Said to Occur When

Multiple Choice

Dumping is said to occur when

A) Foreign producers sell their goods abroad at prices lower than their marginal cost of production.
B) Foreign producers sell their goods abroad at prices lower than our average cost of production.
C) Foreign producers sell their goods abroad at prices lower than those prevailing in their own countries.
D) Some foreign countries have trade surpluses and others have a trade deficit.