Cryptocurrency Q&A
What is trade dumping?
What is trade dumping?
CryptoKing
Fri Oct 11 2024
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7 answers
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Trade dumping refers to the practice where an exporter sells goods in the international market at a price lower than the normal value, causing significant damage or threat to certain industries in the importing country. It's a form of price discrimination and an unfair trade practice, often used to gain market share or eliminate competitors. WTO considers dumping as an improper competition measure and allows importing countries to take anti-dumping measures to protect their domestic industries.
7 answers
henry_grayson_lawyer
Sun Oct 13 2024
Dumping is a trade practice where a country or company exports a product at a price that is significantly lower in the foreign market than in its domestic market.
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OceanSoul
Sun Oct 13 2024
This pricing strategy is often seen as a way to gain a competitive advantage in the international market, as it allows the exporter to offer products at prices that may be considered unfairly low.
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alexander_clark_designer
Sat Oct 12 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of traders and investors in the digital asset space.
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CherryBlossomPetal
Sat Oct 12 2024
The primary objective of dumping is to flood the foreign market with the exporter's products, making it difficult for domestic producers to compete.
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LightningStrike
Sat Oct 12 2024
One of the significant advantages of dumping is that it enables exporters to quickly increase their market share in a foreign country.
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