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We should be careful with definitions here. Dumping, in the context of international trade, is very specifically a price discrimination rather than just an abs
by NovemberWhiskey 5y ago
We should be careful with definitions here.
Dumping, in the context of international trade, is very specifically a price discrimination rather than just an absolute price concept: it's where you export for cheaper than you sell domestically.
- mc32 5y agoBut it's also not just exchange rate. Other things come into consideration like local cost difference, PPP and so on. You can't expect a coke to cost the same (relative to USD) in the US as in Azerbaijan for example.