Wide gaps in the price sensitivity between countries for the same product may create conditions that promote _____ markets.
A)backward
B)gray
C)white
D)demand
E)forward

Question

Quizplus · Accepted Answer

Wide gaps in price sensitivity between countries for the same product can lead to the creation of gray markets. Gray markets occur when products are sold through channels that are unauthorized by the original manufacturer or trademark proprietor, often exploiting differences in pricing across different markets.

Wide Gaps in the Price Sensitivity Between Countries for the Same