Question:

What is a grey market?

Updated On: Aug 9, 2024
  • The trade of a commodity which is unbranded
  • The trade of a commodity which is recognized as a counterfeit product
  • The trade of a commodity for which the country of origin is not mentioned
  • The trade of a commodity for which the taxes are evaded
  • The trade of a commodity through distribution channels not authorized by the manufacturer
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The Correct Option is

Solution and Explanation

The correct answer is option (E):The trade of a commodity through distribution channels not authorized by the manufacturer
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