ExamPlay Light Logo
Sign In

WAEC - Commerce (2021 - No. 13)

The practice of selling goods to a foreign country at lower prices than obtainable in the exporting country is 
speculation
skimming
hedging
dumping

Explanation

Dumping in international trade refers to a situation of price discrimination, where a product is sold for a lesser price in the importing country than the price of that product in the market of the exporting country.

Comments (0)

Login To Comment
Advertisement
BrainBehindX Inc Logo
©2026; Powered By BrainBehindX Inc