______________ imports develop when importers buy products from distributors in one country and sell them in another country to distributors who are not part of the manufacturer's regular distribution system.

Question

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Parallel imports refer to the importing of products from one country to another without the permission of the manufacturer but with the consent of the owner of the intellectual property rights. This type of import is also known as gray-market or parallel trade. Parallel imports can create price differences between different markets and can lead to legal disputes between importers and manufacturers.

______________ Imports Develop When Importers Buy Products from Distributors in One