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TU Countertrade Discussion

TU Countertrade Discussion

Description

YOUR COUNTRY= Morocco

YOUR STATE= Indiana

  1. Barter is used for international trade between countries as well. It is called countertrade. Read the article, “What is Counter Trade” HERE (Links to an external site.). What is CounterTrade? – MBA Knowledge Base (mbaknol.com)
    Visit the Observatory of Economic Complexity website HERE (Links to an external site.). The Observatory of Economic Complexity | OEC – The Observatory of Economic Complexity Identify a good/service that YOUR COUNTRY exports (not including petroleum products or precious metals – like gold). Select carefully as you will need to determine the value of a unit of this good/service.
  2. An buyer in YOUR COUNTRY wants to use countertrade to pay for the good/service you selected above as an export good from YOUR STATE. That good/service has a landed cost of US$25,000. What quantity of good/service do you recommend the US company request from the buyer in YOUR COUNTRY to get US$25,000 worth? Include information/an image that supports your valuation.

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