What term refers to selling goods in a foreign market at a price that is far below the cost of production? a. profiteering b. screening c. offloading d. dumping

The correct answer is option D. dumping.

Explanation:

When we talk about dumping we mean the act of selling a product at a very low cost, in order to attract customers and avoid having competition in the market.

This system is presented in a foreign market, where the company that manufactures the product exports it at a lower price than the price used to manufacture it on the company that is placed in the country that will receive the product.

This way they will have more success in sales and they can take over the market.

Given this information we can say that the correct option is the option D. Dumping.

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