Apex Corp. is a wholesaler for Global Electronics in the French market. Global Electronics discovered that Apex Corp. was diverting some of its goods to the English market. Apex Corp. could get a greater profit in the English market because the goods were bought by the firm at a cheaper price in France. In the context of the above scenario, which of the following forms of business is Apex engaged in?
A) Black marketing
B) Parallel importing
C) Backwashing
D) Industrial piracy
E) Smuggling
Correct Answer:
Verified
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