Difference between revisions of "Dumping"
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:[[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.
