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Economics
MEDIUM
ENGLISH
Economics
The term “Dumping” means ?
A
The sale of the sub-standard commodity
Option A
Sale in a foreign market of a commodity at a price below marginal cost
Correct answer
C
Sale in a foreign market of a commodity just at marginal cost without too much of profit
Option C
D
Smuggling of goods without paying any customs duty
Option D
Correct answer: B
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