select the correct answer. what is dumping? a. dumping is sending surplus products as aid to poor or…

select the correct answer. what is dumping? a. dumping is sending surplus products as aid to poor or disaster - stricken areas. b. dumping is hoarding scarce goods to cause an increase in price. c. dumping is disposing of food items that dont meet state food standards. d. dumping is exporting goods at prices that are lower than their value.

select the correct answer. what is dumping? a. dumping is sending surplus products as aid to poor or disaster - stricken areas. b. dumping is hoarding scarce goods to cause an increase in price. c. dumping is disposing of food items that dont meet state food standards. d. dumping is exporting goods at prices that are lower than their value.

Answer

Answer:

D. Dumping is exporting goods at prices that are lower than their value.

Brief Explanations:

In economics, dumping refers to selling goods in a foreign market at a price below their normal value, often to gain market - share or drive out competition. Options A, B, and C do not accurately define the economic concept of dumping.