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Gray Market Refers to

Question 117

Multiple Choice

Gray market refers to


A) the segment of products specifically designed for the need of older buyers.
B) a situation where products are sold through unauthorized channels of distribution.
C) a once active and powerful market that is rapidly becoming the bottom of the barrel.
D) a pricing structure that is based upon "not-quite-clear" price negotiations or "haggling" that is considered acceptable in some countries but not others.
E) the willingness of one party to accept "gifts" in exchange for better prices or price allowances.

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