This topic contains a solution. Click here to go to the answer

Author Question: ICI sold a methanol plant to the former Soviet Union for 250 million and agreed to purchase 20 of ... (Read 79 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
ICI sold a methanol plant to the former Soviet Union for 250 million and agreed to purchase 20 of the plant's output for ten years for a total of 350 million. Of which type of countertrade is this an example?
 a. Switch trading c. Offset purchase
  b. Counterpurchase d. Buyback agreement

Question 2

_____ are those that offer benefits in product performance over existing alternatives.
 A) Functional innovations
  B) Feature innovations
  C) Symbolic innovations
  D) Hedonic innovations
  E) Dynamic innovations



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djpooyouma

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

D
In a buyback agreement, the seller builds and provides a turn-key plant, as well as the manufacturing know-how. The seller is paid up-front part of the cost of the plant in an agreed upon convertible currency. The seller agrees to purchase specific quantities of the plant's output over an extended period of time.

Answer to Question 2

A





 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

For a complete list of videos, visit our video library