What Is It Called When a Company Sells Its Goods

question 82

Multiple Choice

What is it called when a company sells its goods in foreign markets at prices that are below the prices at which it normally sells in its home market or well below its full costs per unit?

• A) Dumping practices
• B) Price-clearing system
• C) Clearance sale
• D) Discounting practices
• E) Competitive advantage

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Definitions:

Trade Surplus

A situation in which a country's exports exceed its imports.

Exports

Goods or services sent from one country to another for sale or trade.

Imports

goods or services brought into one country from another for sale, often influencing the domestic market's supply and price levels.

Trade Surplus

This occurs when a country's exports exceed its imports, indicating a positive balance of trade.