Question: A U . S . outdoor outfitter concludes a counterpurchase agreement with Finland for which it receives some counterpurchase credits. The outfitter does not want

A U

.

.

outdoor outfitter concludes a counterpurchase agreement with Finland for which it receives some counterpurchase credits. The outfitter does not want any foreign goods, however, so it sells the credits to a third

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party trading house at a discount. The trading house finds a firm that can use the credits and sells them at a profit. This is an example of

Multiple Choice

an offset.

a buyback.

barter.

switch trading.

compensation.

19

20

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