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Secondary V • 1yr.

Good afternoon, what is dumping?

Contemporary World
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Explanations (1)

  • Explanation from Alloprof

    Explanation from Alloprof

    This Explanation was submitted by a member of the Alloprof team.

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    Team Alloprof • 1yr.

    Hello to you!

    Thanks for your question :)

    Dumping is when a foreign firm sells products at artificially low prices on the market. It can happen when some countries unfairly subsidize products or when companies that have overproduced something decide to sell it at a reduced price in other markets.

    Hope that answers your question and please reach out if there is anything else!