To cater to the growing demand for luxury automobiles, Italy agrees to buy 5,000 cars from Comfort Cars Inc. in exchange for 5,000 barrels of oil. Since Comfort Cars Inc. is not seen as creditworthy, Italy decides to make this a one-time-only deal. What form of countertrade is Italy using?
A) counterpurchase
B) offset
C) switch trading
D) barter
E) buyback
Correct Answer:
Verified
Q92: Countertrade is most attractive for
A) small exporters.
B)
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Q95: From an exporter's perspective, why is an
Q96: A drawback of countertrade is that
A) it
Q98: The most restrictive countertrade arrangement is
A) counterpurchase.
B)
Q99: What is a characteristic of countertrade?
A) The
Q100: The type of countertrade where a firm
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Q102: Describe the role of the U.S. Department
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