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Author Question: ICI sold a methanol plant to the former Soviet Union for 250 million and agreed to purchase 20 of ... (Read 83 times)

dejastew

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on: Jun 29, 2018
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


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djpooyouma

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Reply #1 on: Jun 29, 2018
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


dejastew

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Reply #2 on: Jun 29, 2018
Thank you


djpooyouma

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Reply #3 on: Jun 29, 2018
No problemo


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