Dumping

Dumping is a term used in international trade to describe the export of a product at a price that is lower in the foreign importing market than in the exporter’s domestic market.

What is Dumping ?
Dumping is a term used during international trade to describe the export of a product at a low price in the foreign importing market than in the exporter’s domestic market. Even though dumping is not illegal under the World Trade Organization rules, the foreign country can stop dumping by showing the adverse effects it has had on domestic producers. Countries also often use tariffs to protect their domestic producers from dumping.