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A Situation Where Products Are Bought in a Lower-Priced Country

Question 82

Multiple Choice

A situation where products are bought in a lower-priced country from a manufacturer's authorized reseller, shipped to higher-priced countries, and sold through unauthorized channels of distribution below the manufacturer's suggested retail price is referred to as a:


A) Black market
B) Monopolized market
C) Grey market
D) Globalized market

Correct Answer:

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