This post addresses dumping and givernment response.
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What is dumping? How do governments respond to charges of dumping? Explain the notion of predatory behavior with regard to dumping.
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Dumping is discussed in this posting. I also discuss how governments respond to dumping charges and the notion of predatory behavior with regard to dumping.
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Dumping takes place when one country sells their goods, usually in mass quantity, to another country at far below their market value. The exporting country literally "dumps" the products into the importing country for a very small amount of money received by the importing country. The exporting countries use predatory behavior by literally preying on the importing country. The exporting country charges substantially below the costs of their production for the goods. In the process of doing so, the exporting country ...
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