The country of Kappa sells pizza for $1.00 each within its borders. But Kappa exports pizzas at a price of $0.30. This is an example of ________
A) dumping
B) an administrative trade barrier
C) an embargo
D) a local content requirement
E) cheap foreign labor
A
Explanation: A) Dumping refers to selling a product at a price below the price charged in the producing country. The intent of dumping is to dominate an industry and then control it.
Business
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