Floral Group Inc., an importing organization in New York, buys perfumes from GS Inc. in France for $13 a unit. Unknown to GS, Floral Group sells this product in the United States for $15 a unit. This leads to a loss of revenue for GS Inc. as it also sells its perfume in the US but for a higher price of $18. Which of the following best describes the above scenario?
A. parallel importing
B. direct importing
C. black-listed importing
D. circular importing
E. co-mingled importing
Answer: A. parallel importing
Business
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