Dumping is an option
It is true that dumping can be used to make products cheaper in foreign countries than they are in the origin country. Dumping, a type of international trade, is something that is often considered unfair. It can result in significant losses for the manufacturer of the product (Mishra (2018)). This can cause a drop in demand for the product, because it’s cheaper to import the product from other countries (Rudra 2019). This strategy aims to expand market penetration and lower production costs. (Mishra (2018) Dumping can be a serious problem for domestic producers and is therefore illegal in certain countries. Some countries permit dumping because it may benefit consumers and provide them access to lower-priced goods. (Rudra 2019, 2019). Cont…
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