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5 Cards in this Set
- Front
- Back
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Barter |
direct exchange of goods between two parties |
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Compensation deals |
Involve payment in goods AND in cash |
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Product buy-back |
when a company promisies to buy back some of the products produced in its subsidiaries |
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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. |
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Barter houses |
international trading companies able to introduce mechandise to outlets and geographic areas previously untapped |
