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What is dumping? ??????????????​

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Well dumping is a method, waste materials are dumped in open low labs away from the city.

3 votes

Answer:

Form of market pricing.

Step-by-step explanation:

  • In economics is a typical strategy that involves the use of injurious prices in the context of the International trade. And involves the sale of the commodity to another at a price that lower than that of in their home country.
  • Due to increase the market share of there goods and services in the world, like the example of the chines goods in the market that are sold at a cheap and lower price so as to set off the competition.
  • Thus WTO has made various anti dumping laws and that keep theses malpractices in control. And has a system of GATT in place with a five percent rule.
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