WAEC - Economics (2020 - No. 44)
Dumping is selling goods in a foreign market at a price
below what is sold at the home market
above what is sold at the home market.
equal to what is sold at the home market
equal to the cost of producing the goods
Explication
In international trade, dumping simply refers to a situation where a product is sold at a cheaper price to a foreign country (importing country), than in the domestic market that produced it (exporting country).