ABSTRACT
The buyers are free to choose, among the things offered for sale, what they will buy, and what reject, at the prices asked; and nothing except compulsion by law or public opinion to buy a certain minimum of certain types of things and the more eternal compulsion to acquire somehow the means of life restricts the range of their choice, within the limits imposed by their varying incomes. The trader then proceeds to make a special show of the articles of which he has bought a heavy stock, “pushing” them upon his public by window-displays or other advertisement of his own, or often by selling to the public at cut prices. The influence of public opinion in directing demand this way or that is of course far more omnipresent and pervasive than that of the law. “Export dumping” has often been defined as selling goods abroad for less than their cost of production.
