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Dumping Is the Practice of a Foreign Company Exporting Products

question 68

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Dumping is the practice of a foreign company exporting products abroad at a lower price than the price in the home market, or even below the costs of production, in order to drive down the price of the domestic product.


Definitions:

Chemicals

Substances with a distinct molecular composition that are used or produced in processes involving chemical reactions.

pH

A measure of the acidity or alkalinity of a solution, defined by the negative logarithm of the hydrogen ion concentration.

Buffer System

A chemical system that maintains the pH of a solution by adjusting the proportion of acid and base.

Hemoglobin Buffer

A system in red blood cells that helps maintain pH balance in the blood by binding to or releasing hydrogen ions.

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