BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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local conditions of use
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Consumer demographics
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Measurement System
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characteristics of the environment
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Detailed explanation-1: -Dumping is a term used in the context of international trade. It’s when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter’s domestic market.
Detailed explanation-2: -(1) Anti-Dumping Measures The country’s imposition of an anti-dumping duty is determined by the dumping margin–the difference between the export price and the domestic selling price in the exporting country. By adding dumping margin to export price, the dumped price can be rendered a “fair” trade price.
Detailed explanation-3: -For instance, it states that imported goods must not be subjected to internal taxes more than the costs imposed on domestic goods. It also requires that imported goods be treated the same way as domestic goods under domestic laws and regulations.