Counter–trade means :
A sort of bilateral trade where one set of goods is exchanged for another set of goods and a seller provides a buyer with deliveries.
Counter-trade is an arrangement in international trade in which payment is made wholly or partly in goods rather than in money: the seller delivers goods to the buyer and, in return, accepts goods from the buyer.
It is essentially bilateral, covering forms such as barter, counter-purchase, buy-back and offset, and is used when the buyer lacks convertible currency. This matches the description of a bilateral trade in which one set of goods is exchanged for another and the seller makes deliveries to the buyer.
Selling directly to end-users in the target market describes direct exporting, a mode of market entry, not counter-trade.
An exchange of goods merely between companies of two sovereigns omits the essential reciprocal delivery obligation, and describing it as multilateral is wrong because counter-trade deals are struck between the two trading parties.
Hence, the answer is A sort of bilateral trade where one set of goods is exchanged for another set of goods and a seller provides a buyer with deliveries..
In respect of international business, a project is called a turnkey project because :
Examine the following statements and choose the correct code :
Statement - (I) : Companies with Low cash reserves normally prefer Licensing mode rather than Foreign Direct Investment.
Statement - (II) : Cash rich firms normally prefer Foreign Direct Investment.
Codes :
Which of the following is the correct combination ?
(i) A GSA allows an MNE to enter into activities that might too costly and risky to pursue on its own.
(ii) A GSA does not allow a firm to enhance economics of scale.
(iii) A GSA does not allow a firm to bypass entry barriers into a target foreign country.
(iv) A GSA allows a firm to acquire partner knowledge.
Codes :
From the following modes of international business, identify the mode which involves strategic alliance
Which of the following is not a characteristic of bartering internationally ?
The method being used for Transferring Complex Technology is known as :
In which one of the following modes of entry into foreign markets risk and profit potential are the highest?
Which proposition best represents the central learning–commitment mechanism of the Uppsala internationalisation process model?
Which international entry mode grants a local company the right to use a specified patent or production process for a royalty, allowing the foreign company to earn revenue without equity ownership in that country?
In respect of international business, a project is called a turnkey project because :