Fred's company has recently sold its resin-producing plant to a business in India. As part of the sales price, his company agrees to accept as partial payment the production of the resin at an agreed upon price for six years

This is an example of what type of countertrade?

This is an example of a buyback arrangement. In such arrangements, the seller sells a plant, equipment, or technology to another country and agrees to accept as partial payment products manufactured with the supplied equipment.

Business

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In an E-R diagram, relationships are depicted as

A. rectangles B. inverted triangles C. ovals D. diamonds

Business

How can organizations create a sustainable competitive advantage in the global marketing environment?

A) by adopting a shared-value approach to marketing B) by shifting production locations to low-wage countries C) by restricting value creation to top management executives D) by enriching the shareholders at the expense of the society

Business