Define the key terms listed above.(c18)

Key Terms 


Parallel market 

 Gray market 

 Exclusive distribution 

 Variable-cost pricing 

 Full-cost pricing 


 Penetration pricing policy 

 Price escalation 


 Countervailing duty 



 Administered pricing 


 Letters of credit 

 Bills of exchange 


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

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