TU Countertrade Discussion
Description
YOUR COUNTRY= Morocco
YOUR STATE= Indiana
- 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. - 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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