JAMB Commerce 2021 Objective — Question 6

Question 6 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2021 Objective paper, with the correct answer and a full explanation.

6. Dumping is the act of selling an item at a/an _____ price abroad a. Higher b. Cheaper c. Equal d. Zero

A. Higher
B. CheaperCorrect
C. Equal
D. Zero

Explanation

Dumping involves selling goods of lesser quality abroad at a cheaper price while presenting them as being of the same quality as the higher-priced original.

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