What are the differences among counterfeit, graymarket, and black-market merchandise? Is the selling of this type of

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What are the differences among counterfeit, graymarket, and black-market merchandise? Is the selling of this type of merchandise legal? Do you believe that selling these types of merchandise should be allowed?

Provide a rationale for your position. Would you purchase a counterfeit wallet? What about a counterfeit car part or prescription medication?

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