Dumping lsquo in the context of international trade refers to ........

Indian Economy (Easy) Others

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Dumping‘ in the context of international trade refers to:

exporting goods at prices below the actual cost of production

exporting goods without paying the appropriate taxes in the receiving country

exporting goods of inferior quality

exporting goods only to re-import them at cheaper rates

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Explanation:

Dumping is a term used in the context of international trade. It's when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter's domestic market. Because dumping typically involves substantial export volumes of a product, it often endangers the financial viability of the product's manufacturer or producer in the importing nation.