Solved

A USFirm Sells Some Products to China

Question 138

Multiple Choice

A U.S.firm sells some products to China.China pays the U.S.firm in dollars,but in exchange,the U.S.firm agrees to spend some of its proceeds from the sale on textiles produced by China.Which type of countertrade is this?


A) Switch trading
B) Buyback
C) Counterpurchase
D) Barter

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q133: Which of the following stands at the

Q134: What is the advantage of export credit

Q135: What are sogo shosha? How do sogo

Q136: When a firm builds a plant in

Q137: Briefly describe the role of the U.S.Department

Q139: What is the main attraction of countertrade?<br>A)Firms

Q140: Which type of countertrade is the simplest

Q141: Briefly describe the mechanisms for financing export

Q142: From an exporter's perspective,why is an offset

Q143: What is the Ex-Im Bank? What is