------------ occurs when a company exports a product at a price lower than the price it usually charges in its home market.

The term you are looking for is "dumping."

Explanation of Dumping

1. Definition: Dumping is a pricing strategy commonly used in international trade. It occurs when a company sells a product in a foreign market at a price that is lower than the price it typically charges in its domestic market. This can happen for various reasons, such as to gain market share in a new market, offload excess inventory, or drive competitors out of business.

2. Economic Implications: Dumping can have significant repercussions on both the domestic market of the exporting country and the importing country. It may lead to lower prices for consumers in the importing country, benefiting them in the short run. However, it can also harm local producers who cannot compete with the lower-priced foreign products, potentially leading to job losses and business closures.

3. Regulatory Responses: Many countries have regulations and anti-dumping laws in place to protect domestic industries from unfair competition. These laws may include tariffs or other trade barriers to level the playing field.

In summary, dumping is an important concept in international trade economics, illustrating the complexities and challenges of global market dynamics.