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Author Question: Discuss the various forms of countertrade. What will be an ideal ... (Read 85 times)

Sufayan.ah

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on: Jul 7, 2018
Discuss the various forms of countertrade.
 
  What will be an ideal response?

Question 2

What personality trait refers to the order and precision a person imposes on activities?
 
  A) extroversion
  B) openness
  C) conscientiousness
  D) emotional stability


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abro1885

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Reply #1 on: Jul 7, 2018
Answer to Question 1

Countertrade occurs when a firm accepts something other than money as payment for its goods or services. Its simplest form is barter, where each party simultaneously swaps products. In a counterpurchase arrangement or parallel barter, one firm sells its products to another at one point in time and is compensated in the form of the other's products at some future time. A buyback arrangement involves one firm selling capital goods to another and then being compensated in the form of the output generated as a result of their use. Finally, in an offset purchase arrangement, part of an exported good is produced in the importing country.

Answer to Question 2

C


Sufayan.ah

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

JaynaD87

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

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