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There are a number of devices that directly affect the free flow of trade among nations. One of these is export subsidy – a payment by a country to its exporters that enables them to sell their products abroad at a lower price than they could sell them for at home. Selling the same product for a lower price abroad than at home is called dumping.
There are a number of devices that directly affect the free flow of trade among nations. One of these is export subsidy – a payment by a country to its exporters that enables them to sell their products abroad at a lower price than they could sell them for at home. Selling the same product for a lower price abroad than at home is called dumping.
• Price
• Payment
• Trade
• Export Subsidy