Question

What are some actions multination corporations can take in the process of combating parallel imports?

Answer 1

Multinational corporations can combat parallel imports by implementing intellectual property rights protection, product differentiation, and strategic pricing.

Step-by-step explanation:

Multinational corporations can take several actions to combat parallel imports:

1. Implement intellectual property rights protection: By obtaining patents, trademarks, and copyrights, multinational corporations can protect their products from being replicated and sold as parallel imports.
2. Product differentiation: By creating unique features or branding, multinational corporations can differentiate their products and make it more difficult for parallel imports to compete.
3. Strategic pricing: Multinational corporations can adjust their pricing strategies to make it less attractive for consumers to purchase parallel imports.