Final answer:
Gray market goods are indeed trademarked products; however, they are sold through unauthorized channels rather than by authorized persons or organizations, thus making the statement false.
Step-by-step explanation:
The statement is False. Gray market goods are genuine trademarked products that are sold through channels that are unofficial, unauthorized, or unintended by the original manufacturer. Trademarks, such as the Nike "swoosh" or the distinctive style of Fanta's orange drink, are identifying symbols or names for a particular good that consumers recognize. Although gray market goods are real, the way they enter the market does not involve the consent of the trademark holder, which can raise issues regarding warranties, product support, and quality control.
We are all participants in a global marketplace where goods such as fruits, electronics, clothes, and vehicles are often produced in one country and consumed in another. This worldwide trade is a significant part of economies and job markets, influencing the sale of goods and services across borders. However, gray market goods operate outside of the established systems of distribution set by manufacturers and trademark owners.