A U.S.firm concludes a counterpurchase agreement with Poland for which it receives some number of counterpurchase credits for purchasing Polish goods.The U.S.firm does not want any Polish goods,however,so it sells the credits to a third-party trading house at a discount.The trading house finds a firm that can use the credits and sells them at a profit.This is an example of
A) barter.
B) switch trading.
C) an offset.
D) a buyback.
Correct Answer:
Verified
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
Q135: When a firm enters a(n)_ agreement with
Q137: _ occurs when a third-party trading house
Q138: In a(n)_ one party can fulfill the
Q139: Identify a drawback to countertrade.
A)It fails to
Q140: Which of the following is a drawback
Q141: List the forms of government-backed assistance that
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