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Publishing Fundamentals MCQs

What is the Net Book Agreement (NBA)?

A government VAT discount to make books universally less expensive to encourage more reading.

The agreement once administered by the Publishers Association whereby publishers in the UK used to be able to dictate the minimum price at which their titles were sold by bookshops.

A now defunct agreement to supply books at full-price in the 1990s despite complaints by European consumer groups.

Synonym for the National Basketball Association.

Answer

Correct Answer: The agreement once administered by the Publishers Association whereby publishers in the UK used to be able to dictate the minimum price at which their titles were sold by bookshops.

Explanation:

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