Multiple Choice
Scenario: Gro-Tru Grows To Europe
Gro-Tru, a maker of chemical fertilizers and pesticides, sees enormous growth potential in Central Europe. The company has received several unsolicited inquiries from potential importers in the region, but in most cases, they have expressed difficulty in getting the hard currency to pay for the imports. Alistair Green, vice president for new business development, is exploring how Gro-Tru might meet the needs of the potential market.
-If Gro-Tru exchanged its products directly for other goods or services without the use of money, the transaction would be referred to as ________.
A) barter
B) offset
C) switch trading
D) buyback
Correct Answer:

Verified
Correct Answer:
Verified
Q72: The biggest advantage of an export management
Q73: Counterpurchase is _.<br>A) countertrade whereby one company
Q74: Selling goods or services that are paid
Q75: Companies that provide services to indirect exporters
Q76: The choice of how to enter a
Q78: How can small exporters increase the probability
Q79: When one company sells to another its
Q80: Scenario: Wang's Techno Toys<br>Ann Wang has been
Q81: All of the following are true of
Q82: When an exporter ships merchandise and later