What Are Goods Called When They Are Manufactured Abroad Under

question 13

Multiple Choice

What are goods called when they are manufactured abroad under license from a Canadian manufacturer, and then sold in the Canadian market in competition with Canadian-produced goods from the Canadian manufacturer?

• A) black market goods
• B) inferior goods
• C) grey goods
• D) horizontal goods

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Definitions:

Public Trust

The belief and confidence that the public has in the integrity and effectiveness of governmental institutions and their actions.

Political Institutions

Structures and systems within a society that organize, govern, and manage public policy and affairs.

Social Institutions

Complex systems of norms and behaviors that fulfill societal needs, such as family, education, and religion.

Public Opinion Polling

The process of surveying public opinion from a particular sample in order to infer the opinions or behaviors of the general population.