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Counter Trade
Essay specific features
Written by:
Kerry L
Date added:
December 14, 2014
Level:
University
Grade:
No of pages / words:
2 / 306
Was viewed:
9024 times
Rating of current essay:
Essay content:
Also the firm can largely ignore the costs of currency conversion as well as the movement of currency exchange rates. Furthermore, the firm can charge full price (or even more than that) because it gains leverage when goods are exchanged for other goods.
The benefits derived from countertrade also lead to problems...
displayed 300 characters
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First, countertrade is a cumbersome and complex process, and all parties must consider the additional risk, time, effort, and costs involved. Second, the additional expenses inevitably and ultimately reduce the parties' profits. Third, the products involved may not be internationally competitive in terms of pricing and quality...
displayed 300 characters
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