DUMPING

Dumping

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.

The above text is a snippet from Wikipedia: Dumping (pricing policy)
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dumping

Noun

  1. the disposal of something no longer needed, or of no value
  2. selling goods at less than their normal price, especially in the export market as a means of securing a monopoly

Verb

dumping



The above text is a snippet from Wiktionary: dumping
and as such is available under the Creative Commons Attribution/Share-Alike License.

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