Question

at the end of the fiscal year, jack's company sells their bicycles in thailand at below what it costs to produce the bikes in order to unload excess inventory. this is an example of blank . multiple choice question. phishing dumping embargo arbitrage

Answer 1

Option b.) dumping is the correct answer because, it costs money to put and drop heavy things without worrying about where you put them, to dispose of things or someone you don't need anymore, to manufacture bikes, and it costs to produce the bikes in order to unload excess inventory.

A product is said to be "dumped" if it exports it at a price lower than the price it normally charges in its own domestic market, or sells it at a price that does not cover the full cost of production. Illegal landfills pollute state water bodies (including groundwater, streams, rivers, ponds, and lakes), impair soil quality, affect air quality through open burning activities, and adversely affect wildlife. This can also have an impact on the environment.

The purpose of dumping is to increase market share in a foreign market by forcing competition, thereby creating a monopoly that allows exporters to unilaterally determine the price and quality of their products.

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