Before Apple's iPhone 7 was officially for sale in China,it was being sold there.These phones were purchased in the United States and Australia and then resold by unauthorized vendors in China for between $1,700 and $2,500.These products are considered to be part of
A)under-the-counter sales.
B)over-the-counter sales.
C)the gray market.
D)integrated global channels.
E)breaking the distribution monopoly.

Question

Quizplus · Accepted Answer

Gray marketing is a situation where products are sold through unauthorized channels of distribution.

Before Apple's IPhone 7 Was Officially for Sale in China,it