A U.S.firm sells some products to China.China pays the U.S.firm in dollars,but in exchange,the U.S.firm agrees to spend some of its proceeds from the sale on textiles produced by China.Which type of countertrade is this?
A) Switch trading
B) Buyback
C) Counterpurchase
D) Barter
Correct Answer:
Verified
Q124: Why do many neophyte exporters have problems
Q125: What are the guidelines that can help
Q126: Explain how the Small Business Administration (SBA)can
Q127: Occidental Petroleum negotiated a deal with Russia
Q128: Describe the meaning of export management companies.What
Q130: Briefly describe the role of the U.S.Department
Q131: What is the main attraction of countertrade?
A)Firms
Q132: Countertrade is most attractive to:
A)small exporters.
B)large multinational
Q133: When a specialized third-party trading house is
Q134: What are sogo shosha? How do sogo
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