Dumping <Back to Last Page>     <Full Glossary>

Definition of Dumping: Dumping is an informal name for the practice of selling a product in a foreign country for less than either (a) the price in the domestic country, or (b) the cost of making the product. It is illegal in some countries to dump certain products into them, because they want to protect their own industries from such competition. (Econterms)

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