MCQ. “Dumping” is a situation when the seller:
(a) supplies more than the demand for products in the world market
(b) supplies more in the domestic market world market and charges a higher price in the domestic market
(c) sells a commodity at a lower price in the charges a lower price in the domestic market
(d) sells a commodity at a higher price in the world market and
Answer: (c) sells a commodity at a lower price in the charges a lower price in the domestic market
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