Which of the following statements regarding the gray market is true?
A. Gray market goods allow consumers to purchase items for less than they could normally.
B. Gray market exchanges occur when the price of an item is the same in both countries where the exchange occurs.
C. The gray market is a benefit for manufacturers, but not for consumers.
D. The interconnected nature of world economies has made it easier for firms to track gray market exchanges.
E. The gray market involves the illegal buying and selling of goods.
Answer: A
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