Which of the following are different types of dumping?

A. Persistent Dumping

B. Predatory Dumping

C. Sporadic Dumping

D. Nomadic Dumping

Choose the correct answer from the options given below:

Correct option is B

Dumping refers to selling goods in a foreign market at a price lower than their normal value, often to gain a competitive advantage.
1. Persistent Dumping (A):
· Continuously selling products at a lower price in a foreign market to establish a strong market presence.
2. Predatory Dumping (B):
· Temporarily reducing prices to eliminate competitors, intending to raise prices later once the competition is weakened.
3. Sporadic Dumping (C):
· Selling surplus goods at a low price in foreign markets to avoid excess inventory in the domestic market.
Explanation of Exclusion:
· Nomadic Dumping (D):
· Not a recognized form of dumping.
Information Booster: Dumping practices often lead to anti-dumping measures by the affected countries to protect their domestic industries, including tariffs and import restrictions.
Additional Knowledge: The WTO Agreement on Anti-Dumping governs the use of such measures to ensure fair trade practices globally.