Difference between revisions of "Dumping"

From CNM Wiki
Jump to: navigation, search
 
Line 7: Line 7:
 
:[[Dumping]]. Situation in which a company charges either less than its costs or less than it charges in its home market in order to enter or win a market.
 
:[[Dumping]]. Situation in which a company charges either less than its costs or less than it charges in its home market in order to enter or win a market.
 
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]],
 
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]],
[[Dumping]]. Under U.S. laws, it occurs when a non-U.S. company sells a product in the United States at a price below the market value in the country where it is produced, and this lower price materially injures or threatens to materially injure an industry in the United States.
+
:[[Dumping]]. Under U.S. laws, it occurs when a non-U.S. company sells a product in the United States at a price below the market value in the country where it is produced, and this lower price materially injures or threatens to materially injure an industry in the United States.
  
  
 
[[Category:Marketing Management]][[Category: Economics]][[Category: Articles]][[Category: Accounting]]
 
[[Category:Marketing Management]][[Category: Economics]][[Category: Articles]][[Category: Accounting]]

Latest revision as of 15:42, 11 July 2020

Dumping is selling internationally traded goods below their cost of production.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Dumping. Selling internationally traded goods below their cost of production.

According to Marketing Management by Keller and Kotler (15th edition),

Dumping. Situation in which a company charges either less than its costs or less than it charges in its home market in order to enter or win a market.

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Dumping. Under U.S. laws, it occurs when a non-U.S. company sells a product in the United States at a price below the market value in the country where it is produced, and this lower price materially injures or threatens to materially injure an industry in the United States.