When a firm discriminates in favour of some foreign buyers temporarily with the purpose of eliminating…
Predatory dumping involves temporarily charging low export prices to eliminate competitors and then raising prices. Persistent dumping is continuing international price…
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When a firm discriminates in favour of some foreign buyers temporarily with the purpose of eliminating some competitors and later raises the price after competition is dead, it is called :
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Correct answer B
Predatory dumping involves temporarily charging low export prices to eliminate competitors and then raising prices. Persistent dumping is continuing international price discrimination rather than this temporary strategy.
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Madhya Pradesh SET (MP SET)