The goal of ________ trade is to ensure that small producers in developing nations earn sufficient profit on their exported goods to improve their living conditions

Michael's company would like to sell its products to a company in Nicaragua, but it fears that the company will not pay for the products in a timely manner. Instead of asking for cash, Michael's company decides to ask for a shipment of coffee and tobacco products in exchange for their products. What type of countertrade is Michael's company using?

a) offset b) switch trading c) barter d) counterpurchase

The systems and procedures tool that is specifically designed to study the relationship between an individual's utilizing a piece of equipment and the equipment is the

A. Right- and left-hand chart. B. EDP block diagram. C. Operator-machine process chart. D. Flow process chart.