Are created when buyers and sellers meet to negotiate the exchange of a prohibited or illegal good. More generally, it is any unofficial market in which prices are inordinately high.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). black markets. Retrieved September 21, 2026, from http://smartdefine.org/black_markets/definitions/1148676 |
| Chicago | Barry Goldsmith. 2010. "black markets" http://smartdefine.org/black_markets/definitions/1148676 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, black markets, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/black_markets/definitions/1148676>. |
| MLA | Barry Goldsmith. "black markets" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/black_markets/definitions/1148676> |