Examlex
A flat fee or fixed amount per unit imposed by a government on an imported product is called a(n) ________.
Collusive Arrangements
Agreements between firms to control prices or exclude entry of a new competitor in the market, often in violation of antitrust laws.
Secret Price Concessions
Unadvertised discounts or reductions in price offered to buyers, often as part of negotiation processes in sales transactions.
OPEC
The Organization of the Petroleum Exporting Countries (OPEC) is an intergovernmental organization of oil-exporting countries aimed at coordinating and unifying petroleum policies to secure fair and stable prices for petroleum producers.
International Cartel
An agreement among companies from different countries aimed at controlling production, fixing prices, or limiting competition in the international market.
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