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Author Question: Free trade zones a. are also called export processing zones b. offer duty free import and storage ... (Read 133 times)

DyllonKazuo

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on: Jun 29, 2018
Free trade zones
 a. are also called export processing zones
  b. offer duty free import and storage
  c. are owned by development banks
  d. are outside the reach of the law

Question 2

In which type of countertrade does the exporter agree to buy goods from a shopping list provided by the importer?
 a. Barter c. Counterpurchase
  b. Switch Trading d. Buyback agreement


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ttt030911

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B
Free trade zones offer duty-free import and storage.

Answer to Question 2

C
Counterpurchase involves two exchanges that are paid for in cash, and two parallel contracts. The seller purchases products unrelated to its business from the buyer and sells them on international markets. The exporter agrees to buy goods from a shopping list provided by the importer.


DyllonKazuo

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

carojassy25

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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