Definition: 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.
Terms related to Dumping:
- The Economic Effect of Tariffs
- The Softwood Lumber Dispute
- Will The Softwood Lumber Dispute Ever End?
Journal Articles on Dumping: