SilverFinn makes high-end jewelry for women. This jewelry is manufactured and patented in Italy. Manufacturers in Argentina create counterfeit SilverFinn jewelry and sell it in local markets at nearly similar prices to the original SilverFinn jewelry sold in other countries. This lack of intellectual property protection is like to result ina. reduction in export opportunities from Argentina to other countries. b. reduction in the export opportunities for SilverFinn jewelry in Argentina. c. expansion of the world market for SilverFinn products. d. reduction in import of all Argentinian goods. e. increase in the prices of jewelry produced by SilverFinn.

Question

Business

Samara Diaz

27 December, 02:59

SilverFinn makes high-end jewelry for women. This jewelry is manufactured and patented in Italy. Manufacturers in Argentina create counterfeit SilverFinn jewelry and sell it in local markets at nearly similar prices to the original SilverFinn jewelry sold in other countries. This lack of intellectual property protection is like to result ina. reduction in export opportunities from Argentina to other countries. b. reduction in the export opportunities for SilverFinn jewelry in Argentina. c. expansion of the world market for SilverFinn products. d. reduction in import of all Argentinian goods. e. increase in the prices of jewelry produced by SilverFinn.

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Answers (1)

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Justice Haney · Answer 1

b. reduction in the export opportunities for SilverFinn jewelry in Argentina

Explanation:

As there is a secondary market which erodes the trademark value of SilverFinn with counterfeit products; SilverFinn will find harder to export into Argentina as local market would prefer the local option as it is cheaper and will import other jewelry which do not have an alternative counterfeit market.