Which option identifies the concept represented in the following scenario? In 1978, the Florida vegetable industry filed a complaint against Mexican farmers for underpricing their produce in the U.S. market.

monocropping
quotas
dumping
sustainability

dumping

Explanation:

Dumping in international trade refers to exporting goods to another country at a lower price than in the domestic market. A company or country involved in dumping may sell goods in a foreign country below the production cost. The objective is to gain market penetration and acquire a sizable market share in the targeted country.

Dumping enables customers in the importing country to buy goods at a lower price. However, it may kill local industries leading to the closure of businesses and layoffs.

Mortgage collateral is the asset that secures the mortgage loan. traditionally, the mortgage collateral is the asset the loan finances. if you fail to make payments to your lender on the loan, your lender has the option to claim ownership of the property due to its security interest.