United Wheat Growers has agreed to accept 30 percent of the amount owed for a shipment of disease-resistant wheat from a Russian consortium in Russian bakery flour.The only problem is that UWG also produces bakery flour from its wheat.Therefore,UWG has just accepted a competing item as partial payment for something it has sold.This problem often occurs in which of the following forms of countertrade?
A) barter
B) compensation deal
C) timed purchase
D) buy-back
E) subornation
Correct Answer:
Verified
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