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Allocation Cartel
Summary of Allocation Cartel
An agreement among firms in a particular industry by which each participant is assigned certain customers or areas within which it will be the exclusive or principal supplier.
(Main Author: William J. Miller)
Allocation Cartel and International Trade Economy
In relation to international trade economy, Christopher Mark (1993) provided the following definition of Allocation Cartel: An agreement among firms in a particular industry by which each participant is assigned certain customers or areas within which it will be the exclusive or primary supplier.
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