Dumping refers to the export of the goods at the lower prices than their value. Thus, option (D) is correct.
What is Export?
Export refers to the activity involved in selling of the goods and services outside the country in order to earn profits. It simply defined as the lack of the resources in one country is fulfilled by the other country through the exports.
It helps in fulfilling the needs and wants of the other nation in order to remove the lack of the resources.
Dumping is the practice of foreign companies selling their goods on the European market at excessively low prices.
Dumping might be the result of unjust product subsidies from other nations or overproduction by businesses that are now selling their oversupplied goods at lower rates in other markets.
Therefore, it can be concluded that dumping is the practice of exporting things for less money than they are worth. Hence, option (D) is correct.
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