JAMB - Economics (2009 - No. 31)
Dumping in international trade means selling a goods at a
higher price at home than abroad
lower price at home than abroad
price that equates marginal cost with marginal revenue
price above marginal cost abroad
Spiegazione
Dumping is an international price discrimination in which an exporter firm sells a portion of its output in a foreign market at a very low price and the remaining output at a high price in the home market