Nike Shoes Among Most Counterfeited Goods in the World
The market for fake goods is on the rise, with international trade in counterfeited or pirated products valued almost a half a trillion dollars.
The Organization for Economic Cooperation and Development released a report today that said international trade of “fakes” represented 2.5 percent of overall world trade, or $461 billion, in 2013. That’s equivalent to the gross domestic product of Ireland and the Czech Republic combined.
http://abcnews.go.com/Business/nike-shoes-counterfeited-goods-world/story?id=38485256
Related Posts
Gold, iPhones, Currency Worth ₹ 7.5 Crore Seized at Mumbai Airport
Mumbai: Customs has seized 11.62 kg of gold and i-Phones valued at ₹ 7.44 crore...
Six arrested with counterfeit notes, equipment used to produce them
Indore: Lasudia police on Tuesday uncovered an interstate fake currency racket,...
Ecuador: Potato and onion producers ask government to curb smuggling
According to domestic producers of potatoes and red onions, apart from having to...
Counterfeit ‘Japanese steel’ rampant in China
There have been more than 100 cases in which steel materials falsely designated...



