1 Read about grey imports from Japan. Then answer the following questions: a What is meant by...

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1 Read about “grey imports from Japan”. Then answer the following questions: a What is meant by a “grey import”? b How do grey imports influence the UK car market in the short run? c Do you think grey imports will increase the efficiency of the UK car market? Explain your answer. d What effect will grey imports have on the UK car market in the long run?

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Economics

ISBN: 9781509540235

6th Edition

Authors: Michael Parkin, Melanie Powell, Kent Matthews

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