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Homework answers / question archive / Marketing Final a form of trade in which all or part of the payment for goods or services is in the form of other goods or services exchange goods without involving money a type of countertrade in which a seller receives payment in cash but agrees in a contact to buy goods from the buyer for the total monetary amount involved in the first transaction or for a set percentage of that amount; also known as an offset trade a buying agreement similar to a counterpurchase, but the exporting country can then fulfill the agreement with any firm in the country to which the sale is being made buyback involving 2 contracts: 1) supplier agrees to build a plant or related assets in exchange for hard currency, 2) requires supplier to take payment in the form of the plant's output equal to a set price of the investment is a transaction in which a professional switch trader, switch trading house, or bank steps into a simple barter arrangement or other countertrade arrangement in which one of the parties is not willing to accept all the goods received in the transaction
Marketing Final
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