The act of selling in a foreign market at a price lower than…

JAMB Commerce 2023 158 views
Source: JAMB · 2023

The act of selling in a foreign market at a price lower than the cost price is called

  1. dumping ✓
  2. hedging
  3. fair trading
  4. under sale
Explanation

This answer correctly describes the business or trade concept. Commerce deals with buying, selling, and business operations.

The other options relate to different aspects of business or trade. They aren’t the best answer here.

Understanding this helps you grasp how businesses operate and how trade happens.

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