A ________ exists when an unauthorised party imports products and then sells them for a fraction of the price of authorised products.

Question

Quizplus · Accepted Answer

Grey market refers to the sale of genuine products through unauthorized channels. The products sold in the grey market are usually obtained through channels not approved by the manufacturer, such as parallel imports, excess inventory, or foreign imports. The grey market allows unauthorized parties to import products and sell them for less than the price of authorized products, which can cause problems for the authorized resellers and manufacturers.

A ________ Exists When an Unauthorised Party Imports Products and Then