Involve the flow of merchandise through distribution channels, usually across international borders, other than those authorized or intended by the manufacturer or producer.
a. chargebacks
b. lift-outs
c. gray-market goods
d. exclusive dealing arrangements
e. reverse auctions

The correct answer is (C)

Explanation:

Gray market refers to items that are sold lawfully, however outside of the brand's consent. These items can hurt associations with wholesalers and harm item notoriety. Basic Gray market products incorporate cameras, vehicles, watches and even pharmaceuticals. At the point when a wholesaler or retailer is left with overabundance or old stock, they can decide to auction the stock at limited costs to different vendors. Those vendors then sell it in gray market, such goods, are called gray market goods

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