Key Terms 

Parallel market 
 Gray market 
 Exclusive distribution 
 Variable-cost pricing 
 Full-cost pricing 
 Skimming 
 Penetration pricing policy 
 Price escalation 
 Dumping 
 Countervailing duty 
 Countertrade 
 Barter 
 Administered pricing 
 Cartel 
 Letters of credit 
 Bills of exchange 
 Forfaiting

Read chapter and define the key terms listed abovetyped paragraph or two should not exceed one page