JAMB - Economics (2015 - No. 65)
The practice of selling goods overseas and often below the cost of production is known as
retailing
dumping
internal trade
advertising
Explicaţie
In economics, "dumping" is a kind of predatory pricing, especially in the context of international trade. It occurs when manufacturers export a product to another country at a price either below the price charged in its home market or below its cost of production.