Question:
The practice of selling goods in a foreign country at a price below their domestic selling price is called
The practice of selling goods in a foreign country at a price below their domestic selling price is called
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Trade remedy trigger: \textbf{dumping + injury} $\Rightarrow$ anti-dumping duty.
Updated On: Aug 12, 2025
- discrimination
- dumping
- double pricing
- predatory pricing
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The Correct Option is B
Solution and Explanation
Definition (WTO sense): {Dumping} occurs when the export price of a product is less than its “normal value,” typically the price in the exporter’s domestic market or cost of production plus a reasonable margin. It doesn’t require intent to destroy foreign competitors; mere price disparity suffices.
Why other options fail: (a) “price discrimination” is a broad microeconomic idea (charging different buyers different prices) and may happen domestically; the cross\hyp border legal term is {dumping}. (c) is not a standard term in trade law. (d) {predatory pricing} means pricing below cost to drive rivals out in the same market—intent and market power matter; it’s not the same as cross\hyp border dumping.
Why other options fail: (a) “price discrimination” is a broad microeconomic idea (charging different buyers different prices) and may happen domestically; the cross\hyp border legal term is {dumping}. (c) is not a standard term in trade law. (d) {predatory pricing} means pricing below cost to drive rivals out in the same market—intent and market power matter; it’s not the same as cross\hyp border dumping.
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