What are the different forms of countertrade?
What will be an ideal response?
Countertrade can take the following forms:
• Barter - The buyer and seller directly exchange goods, with no money and no third party involved.
• Compensation deal - The seller receives some percentage of the payment in cash and the rest in products.
• Buyback arrangement - The seller sells a plant, equipment, or technology to another country
and agrees to accept as partial payment products manufactured with the supplied equipment.
• Offset - The seller receives full payment in cash but agrees to spend a substantial amount of the money in that country within a stated time period.
You might also like to view...
How do credit analysts assist decision makers in evaluating the credit worthiness of a state or local government?
What will be an ideal response?
SQL views contain their own data
Indicate whether the statement is true or false
The basic cost flow model is:
A. EB = BB + TI - TO. B. BB + TO = TI + EB. C. EB - BB = TO - TI. D. BB + TO - TI = EB.
Which of the following is deductible as interest expense?
A. personal credit card interest B. bank service charges on personal account C. interest to purchase tax-exempt bonds D. None of the above.