The Zespri Corporation has just built a new steel plant for Peru. Under the terms of its agreement with Peru, the firm will take payment with products produced by that plant. Alpha's repayment plan would be best described as:

Question

Quizplus · Accepted Answer

The repayment plan described in the scenario involves exchanging the products produced by the steel plant for payment, which aligns with the definition of countertrade. Countertrade includes several types of transactions where payment is made through goods or services instead of currency. Counterpurchase, recompense, and contratrade are specific forms of countertrade, but the scenario does not provide enough information to identify which one applies. Barter involves the direct exchange of goods or services without involving currency, which is not the repayment plan described in the scenario.

The Zespri Corporation Has Just Built a New Steel Plant