Dumping in Economics: Definition & Effects

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Dumping is when a country exports or sells products in a foreign country for what?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. Some countries make it illegal to ______specific products in their country.

2. Positive effects of economic dumping are that it ____?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

This quiz and corresponding worksheet will help you gauge your understanding of dumping that occurs in economics. Topics you'll need to know to pass the quiz include understanding the characteristics and reasons of dumping in a foreign company as well as knowing what some countries do about the practice of dumping.

Quiz & Worksheet Goals

Use these assessment tools to assess your knowledge of:

  • Characteristics and reasons of dumping
  • Some countries' actions regarding dumping
  • Positive effects of dumping
  • Negative effects of dumping
  • Legalities of dumping

Skills Practiced

This worksheet and quiz will let you practice the following skills:

  • Information recall - access the knowledge you've gained regarding dumping in economics
  • Reading comprehension - ensure that you draw the most important information from the related dumping in economics lesson
  • Knowledge application - use your knowledge to answer questions about the practice of dumping by businesses

Additional Learning

To learn more about the pluses and minuses of dumping, review the corresponding lesson Dumping in Economics: Definition & Effects. This lesson covers the following objectives:

  • Define what dumping is and its two characteristic conditions
  • Understand real-life examples of the practice of dumping
  • Describe how the World Trade Organization Agreement considers dumping
  • Appreciate the positive and negative effects of dumping and illustrative examples for both
Support