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Dumping of Goods and Consumers

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"You can't tell consumers that the low price they are paying for that fax machine or automobile is somehow unfair because the selling company is dumping its products in the U.S. Consumers are not concerned with the profits of some company. To them, it's just a great bargain." Do you agree with this statement?

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Solution Summary

The solution discusses consumer's attitude towards products being dumped by foreign sellers in the market at low prices.

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Problem: "You can't tell consumers that the low price they are paying for that fax machine or automobile is somehow unfair because the selling company is dumping its products in the U.S. Consumers are not concerned with the profits of some company. To them, it's just a great bargain." Do you agree with this statement?

Solution:
I would agree with this ...

Solution provided by:
Sheetal Jain, PGDM
Education
  • BComm, University of Delhi
  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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