Q. The term 'Dumping' refers to - (Solved)
1. The sale of a substandard commodity
2. Sale in a foreign market of a commodity at a price below marginal cost
3. Sale in a foreign market of a commodity just at marginal cost with too much of profit
4. Smuggling of goods without paying any customs duty
- b. Sale in a foreign market of a commodity at a price below marginal cost