A. higher price at home than abroad
B. lower price at home than abroad
C. price that equates marginal cost with marginal revenue
D. price above marginal cost abroad
Correct Answer:
Option A – higher price at home than abroad
Explanation
Dumping is an international price discrimination in which an exporter firm sells a portion of its output in a foreign market at a very low price and the remaining output at a high price in the home market
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