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.
<u>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.</u>
