| dumping |
Strictly, the sale of a commodity on a foreign market at a price below marginal cost. An exporting country may support the short-run losses of this policy in order to acquire markets (and hard currency) abroad. Alternatively, it may dump in order to dispose of temporary surpluses in order to avoid a reduction in home prices and therefore producers' incomes. (Bannock et Al., 1992, 122-3).
출처: poli.haifa.ac.il/~levi/res/dicpe.html
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| dumping |
Importing merchandise into a country (eg the United States) at lower prices that are detrimental to local producers of the same kind of merchandise.
출처: www.priority-one.com/Glossary.htm
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