Dumping Refers to

Multiple Choice

Dumping refers to

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