2.3 Explain why gray markets reduce the ability of multinational firms to price discriminate. (Hint: See Managerial

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2.3 Explain why gray markets reduce the ability of multinational firms to price discriminate. (Hint: See Managerial Implication, “Limiting Arbitrage and Gray Markets.”)

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Managerial Economics And Strategy

ISBN: 9780135640944

2nd Global Edition

Authors: Jeffrey M. Perloff, James A. Brander

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