Which term refers to the use of a specialized third party trading house in a countertrade arrangement?

The term switch trading refers to the use of a specialized third-party trading house in a countertradearrangement.ReferencesMultiple ChoiceDiﬃculty: 2 MediumLearning Objective: 14-05: Describe howcountertrade can be used to facilitateexports.

Inhaltsverzeichnis Show

Newly uploaded documents
When a specialized third
What is a characteristic of a countertrade?
What is countertrade quizlet?
What are three forms of countertrade quizlet?

The use of a specialized third-party trading house in a countertrade arrangement refers toa counterpurchase.a carry trade.switch trading.spot trading.a forward exchange.

19.Award:1.00 pointFiber Cable Corp. negotiated a deal with Argentina under which Fiber Cable would build threecable manufacturing sites in the country, and as partial payment, Fiber Cable would receive bundledcables over a 5-year period. This is an example of

ReferencesMultiple ChoiceDiﬃculty: 3 HardLearning Objective: 14-05: Describe howcountertrade can be used to facilitateexports.

Newly uploaded documents

Which of the following is a reason that firms take a reactive approach to exporting rather than a proactive approach?

A.
Most firms are familiar with the foreign market opportunities and therefore do not need to utilize proactive approaches.

B.
They are intimidated by the complexities and mechanics of exporting to countries where business practices, language, culture, legal systems, and currency are very different from the home market.

C.
Most firms already know where the market potential and opportunities are and they do not need to be proactive.

D.
They are not intimidated by the complexities and mechanics of exporting to foreign countries and can, therefore, use the same reactive approaches that work in their home market.

Marketing Essentials: The Deca Connection

1st EditionCarl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese

1,600 solutions

Mathematics with Business Applications

6th EditionMcGraw-Hill Education

3,760 solutions

Intermediate Accounting

14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

1,471 solutions

Business Math

17th EditionMary Hansen

3,734 solutions

When a specialized third

Terms in this set (10) T/F: Switch trading involves the use of a specialized third-party trading house in a countertrade agreement. Many customers require face-to-face negotiations on their home turf. Which of these is a common difficulty that trader's face when exporting goods or services to other countries?

What is a characteristic of a countertrade?

The common characteristic of counter- trade arrangements is that export sales to a particular market are made conditional upon undertakings to accept imports from that market. For example, an exporter may sell machinery to country X on condition that he accepts agricultural products from X in payment.

What is countertrade quizlet?

What does countertrade refer to? Countertrade refers to a range of barter-like agreements that facilitate the trade of goods and services for other goods and services when they cannot be traded for money.