In International Trade, Dumping Refers to

Multiple Choice

In international trade, dumping refers to

A) illegally disposing of unusable or damaged goods to avoid paying removal fees and/or taxes.
B) a firm selling damaged or unsalable goods below their original production cost.
C) a firm selling quality goods at significantly lower prices for the primary purpose of reducing inventory to make room for seasonal goods.
D) a firm selling quality goods at significantly lower prices for the primary purpose of reducing inventory to make room for newer or more expensive models.
E) a firm selling a product in a foreign country below its domestic price or below its actual cost.