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The term "dumping" refers to the practice of a company exporting a product at a price lower than its normal market value, often below the cost of production. This can lead to unfair competition, as it allows the exporter to gain market share in the importing country at the expense of local producers. Dumping is often criticized and can lead to trade disputes, with affected countries imposing anti-dumping duties to protect their domestic industries.

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1mo ago

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