How does dumping affect consumers and workers?

Question

In what way(s) does dumping affect consumers and workers?

For those that do not know, dumping (pricing policy) is a practice of selling at a price in another market which is lower than the price or cost in your home market. Dumping may be without motive or may have such economic purposes as putting rival suppliers out of business.

Answer 1

Dumping adversely affects competitive industries since the demand curve for competitive products would immediately shift left resulting in a fall in the demand for these products. A reduced demand means an increase in unemployment as workers are laid off. Since dumped products originate outside the country there is no new demand for workers in the country. Consumers who purchased dumped products would be paying less and would have more disposable income but the quality of the products may not be assured.

Answer 2

I have to buy plungers and hire plumbers LOL