Posted by & filed under Governments & Regulators.

Description:  In this economy, even counterfeiters are trading down.

Source: NYTimes.com
 
Date: 07/31/2010

Link: http://www.nytimes.com/2010/08/01/business/economy/01knockoff.html?ref=business

Questions for discussion:

  • What are the reasons presented for the move towards cheaper knockoffs?
  • What can firms do about this problem? 
  • How does this problem affect cash flow?
  • Explain how this activity can be an economic indicator?

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