WAEC Commerce 2021 Objective — Question 14
Question 14 of 50 from the West African Examinations Council (WAEC) Commerce 2021 Objective paper, with the correct answer and a full explanation.
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The practice of selling goods to a foreign country at lower prices than obtainable in the exporting country is
- A. speculation
- B. skimming
- C. hedging
- D. dumpingCorrect
Explanation
Dumping is selling goods abroad at a lower price than in the originating (exporting) country.
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