Define the key terms listed above.(c18)

Key Terms 

  

Parallel market 

 Gray market 

 Exclusive distribution 

 Variable-cost pricing 

 Full-cost pricing 

 Skimming 

 Penetration pricing policy 

 Price escalation 

 Dumping 

 Countervailing duty 

 Countertrade 

 Barter 

 Administered pricing 

 Cartel 

 Letters of credit 

 Bills of exchange 

 Forfaiting

Read chapter and define the key terms listed abovetyped paragraph or two should not exceed one page

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