MCQOPTIONS
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| 1. |
The term “Dumping” means ? |
| A. | The sale of the sub-standard commodity |
| B. | Sale in a foreign market of a commodity at a price below marginal cost |
| C. | Sale in a foreign market of a commodity just at marginal cost without too much of profit |
| D. | Smuggling of goods without paying any customs duty |
| Answer» C. Sale in a foreign market of a commodity just at marginal cost without too much of profit | |