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Student Question

Secondary V • 10mo.

Hey ! I would like to know what dumping is?

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 • 10mo.

    Hello to you !

    Thanks for your question. :)

    Dumping is actually when a foreign firm sells products at artificially low prices on the market. This can happen when some countries unfairly subsidize products or when companies have overproduced something and sell their products at a reduced price in other markets.

    I hope that answers your question ! Don’t hesitate to write to us again!