Large cross-country price gaps open up arbitrage opportunities that lead to _____ imports from low-price countries to high-price ones.
A)black market
B)white market
C)zero market
D)smuggled
E)parallel

Question

Quizplus · Accepted Answer

Parallel imports refer to the practice of importing goods from one country to another without the permission of the intellectual property owner, typically exploiting price differences between markets. This is legal and different from smuggling or black market activities, which are illegal.

Large Cross-Country Price Gaps Open Up Arbitrage Opportunities That Lead