RRB RPF RPSF SI and CONS Model Papers 4 with solutions

(2) The practice of selling goods in a foreign country at a price below their domestic selling price is called dumping. Dumping a kind of predatory pricing, is a situation of international price discrimination, where the price of a product when sold in the importing country is less than the price of that product in the market of the exporting country. The purpose of dumping is to increase share in the foreign market by driving away the competition.