Selling a product abroad for less than the cost of production is called [{Blank}]. A) dumping B) setting up a business office C) direct foreign investment D) imposing tariffs

The correct answer is A) dumping. Dumping refers to the practice of selling a product in a foreign market for less than it costs to produce, in order to gain a competitive advantage and drive out local producers. This practice is generally seen as unfair trade practice and is often subject to regulation by governments and international trade agreements. The other options are not related to the practice of selling a product abroad for less than its production cost.