Parallel Imports Exist Due to

question 106

Multiple Choice

Parallel imports exist due to

• A)inflation.
• B)differences in prices across markets.
• C)uniform pricing.
• D)government price controls.

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Definitions:

Social Security

A government program that provides financial assistance to individuals during retirement, disability, or upon the death of a breadwinner.

Medicare

A federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.

Federal Income Tax

A tax levied by the government on the annual earnings of individuals, corporations, trusts, and other legal entities.