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Predatory dumping.

Authors :
O'Connell, John
Source :
Blackwell Encyclopedic Dictionary of International Management; 2005, p1-289, 289p
Publication Year :
2005

Abstract

When a country sells goods in another country at much lower than market prices in either country the practice is called DUMPING. Dumping is an unfair trade practice which is subject to additional tax and other penalties. If goods are sold in the manner described above with the intent of putting local competition out of business, the practice is referred to as predatory dumping. Predatory dumping is used to achieve MARKET PENETRATION much more quickly than otherwise possible. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISBNs :
9781557869241
Database :
Supplemental Index
Journal :
Blackwell Encyclopedic Dictionary of International Management
Publication Type :
Reference
Accession number :
14853408