1.

The term 'Dumping' refers to

A. The sale of a sub­standard commodity
B. Sale in a foreign market of a commodity at a price below marginal cost
C. Sale in a foreign market of a commodity just at marginal cost with too much of profit
D. Smuggling of goods without paying any customs duty
Answer» C. Sale in a foreign market of a commodity just at marginal cost with too much of profit


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