A sogo shosha might assist in the sale of Mitsubishi trucks in Ghana, taking payment in cocoa, which then can be sold to keiretsu-linked food processors back in Japan or to independent candy makers anywhere. This is an example of ________.
A) counterpurchase
B) switching arrangements
C) offset purchase
D) clearinghouse accounts
Correct Answer:
Verified
Q16: More than 70 percent of developing country
Q17: Theresa, an importer, uses a variety of
Q18: Which currency is used most often for
Q19: When acceptances are sold _, it means
Q20: An accepted time draft is called a
Q22: Which form of countertrade involves compensation arrangements
Q23: After issuing the letter of credit, the
Q24: Which document is issued by a bank
Q25: Japan's Fukusuke Corporation sold 10 knitting machines
Q26: What is the most common form of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents