Dumping in trade refers to the practice of exporting goods at prices lower than their normal value, often to gain market share or eliminate competition. Examples include a country selling steel at a price significantly below production costs to undermine local manufacturers, or a tech company offering software at steep discounts in foreign markets to outcompete local firms. This can lead to trade disputes and anti-dumping measures by affected nations to protect their industries.
Dumping is a technique in which you capture a market by selling goods below cost. So, anti-dumping means that a trade agreement is made to prohibit dumping.
One example of trade surplus is South Korea.
I heard that Jane is dumping her boyfriend tonight.He begins illegally dumping the rubbish by the side of the road.The killer was caught dumping the body.
Some examples of trade restrictions include: Quotas. Tariffs. Rationing. A tariff on imported cars. the government prevents a cartel of steel manufacturers from fixing prices.
Frerich van Dieken has written: 'Dumping im Seeverkehr' -- subject(s): Dumping (International trade), Law and legislation, Rates, Shipping
oil imports greater than exports
Benjamas Chinapandhu has written: 'Free trade and fair trade' -- subject(s): Foreign economic relations, Antidumping duties, Dumping (International trade)
can you give some example if cash discounts?
trade, culture, and influence
Due to certain geographical or demographic conditions, some country have competitive leverages such as cheap labor or availibilty of natural resources. To protect countries from ills of dumping, trade of illegal items they impose it.
Salt and gold are some examples.
1. Persistent dumping 2. Sporadic dumping 3. Predatory dumping