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Dumping (in trade)

Definition:

The practice of selling goods abroad below the price charged for the same goods in the domestic market or at a price below the cost of production, usually with the aim of driving competitors out of the market.

Dumping is considered to be an unfair trade practice and, as such, is prohibited under many national trade laws.

Source & ©: GreenFacts


ABC - DEF - GHI - JKL - MNO - PQRS - TUV - WXYZ

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14-2-2008