Economics · May / June 2025 · Paper 11 · Question 28
2281Globalisation and trade restrictions
What might an economist consider to be meant by the term dumping?
- Aforeign firms exporting waste products
- Bforeign firms producing goods at a lower cost than domestic firms
- Cforeign firms selling goods that are out of fashion
- Dforeign firms exporting products at a price below the cost of production
As printed in the paper
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Correct answer: D. foreign firms exporting products at a price below the cost of production
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