Question

_______ is the practice of selling a product in foreign countries for a lower price than the good is sold in the producing country.

Answer 1

Answer:

Dumping

Explanation:

Dumping -

It refers to the scenario , when a country export some goods and services at a very low price in the importing market , than in the domestic market , is referred to as dumping.

The term dumping is used in the trade which is performed internationally .

The major advantage of dumping , is that the products are flooded in the market , which is also unfair.

The method of dumping , is a legal practice.

Hence, from the given statement of the question,

The correct term is dumping.