Discussion week 6
Discussion week 6
Countertrade (half page)
This week we studied a variety of entry modes, but I’d like you to post your response to the following statements and respond to a class colleague.
Countertrade includes a range of barterlike agreements and may be considered a form of payment. Please identify a country of the world where a countertrade agreement may exist and explain why. Be quick though… you may not use a country that another classmate has used in their posting!
Production and Logistics (half page)
This week we analyzed and evaluated an array of topics in the area of production and logistics for the international firm. We identified and discussed countertrade, export financing, and reviewed some of the documents used to facilitate those processes.
An external link allowed you to review some of the most common documents used in export financing. Now, think about this question and post your response.
Which document used in export financing serves the following three (3) purposes:
- Receipt for services by the firm providing carriage (e.g. steamship line, airline)
- Establishes a document of title (document of title in this instance is defined as the temporary ownership of the goods needed to allow entry into the country that the goods will be sold in)
- Establishes contractual services by the firm and seller of the goods for carriage
How would you use this document?