Products manufactured under license from a U.S. firm and then sold in the U.S. market in competition with that firm's own domestic output are called _____ goods.

Products manufactured under license from a U.S. firm and then sold in the U.S. market in competition with that firm's own domestic output are called _____ goods.



a. deficient
b. subsidized
c. gray
d. exempt


Answer: C


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