Countertrade agreements often permit the use of switching arrangements, whereby countertrade obligations are transferred from one firm to another.

Question

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Switching arrangements in countertrade agreements allow obligations to be transferred between firms, enabling more flexibility and facilitating the fulfillment of countertrade commitments by allowing a firm that might not have the immediate capability to meet its countertrade obligations to transfer that obligation to another firm that can.

Countertrade Agreements Often Permit the Use of Switching Arrangements, Whereby