Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
Barter |
direct exchange of goods between two parties |
|
Compensation deals |
Involve payment in goods AND in cash |
|
Product buy-back |
when a company promisies to buy back some of the products produced in its subsidiaries |
|
counter-purchase / offset-trade |
two contracts are negoiated,cash payment, but a promise of buying goods of each other. set price. The first contract is is contingent on a second contract that is an agreement by the original seller to buy goods from the buyer FOR THE TOTAL MONETARY AMOUNT involved in the first contract or for a set percentage of that amount. |
|
Barter houses |
international trading companies able to introduce mechandise to outlets and geographic areas previously untapped |