The use of a specialized third-party trading house in a countertrade arrangement is known as
A)counterpurchase.
B)offset.
C)switch trading.
D)buyback.
E)barter.

Question

Quizplus · Accepted Answer

Switch trading involves the use of a specialized third-party trading house in a countertrade arrangement. This third-party trading house helps facilitate the exchange of goods between two parties by acting as an intermediary, usually working with two or more companies in different countries. The trading house helps coordinate the logistics, financing, and other aspects of the trade.

The Use of a Specialized Third-Party Trading House in a Countertrade