Concept information
Preferred term
dumping
Definition
- Dumping is a predatory price practice generally used only in the context of international trade law as international price discrimination, where a company exports a product at a lower price than the price it normally charges on its domestic market or at a price that is below its own costs of production. In this case, the product is considered to be a dumped product. [Source: Encyclopedia of Business in Today's World; Dumping]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/dumping
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