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Question
A firm concludes a counterpurchase agreement with a foreign country for which it receives some counterpurchase credits for purchasing its goods. The firm does not want any foreign goods, however, so it sells the credits to a third-party trading house at a discount. The trading house finds a firm that can use the credits and sells them at a profit. This is an example of _____.
A. barter
B. switch trading
C. an offset
D. a buyback
E. compensation
Answer
This answer is hidden. It contains 227 characters.
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