Jump to content
Sign in to follow this  

Help with a definition

Recommended Posts

Hey

Can someone explain me what does "flooding the market with cheap goods" mean exactly? Is it the same as dumping? If I were to use this for my economics commentary, should i refer to it as dumping and draw a diagram based on dumping?

Share this post


Link to post
Share on other sites

If the market that is being flooded with cheap goods is a foreign one and the goods are cheaper than those of the domestic country then yes, you can refer to it as dumping. 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.